China’s pipeline reform programme has taken another step forward after the country’s top economic planner implemented clearer transmission tariff pricing for more than a dozen long-distance gas pipeline operators.
The tariffs released by the National Development and Reform Commission for the 13 cross-regional companies are on average 15% lower than before. The companies – including China National Petroleum Corp. (CNPC), Sinopec and China Datang Corp. – operate a combined 45,000 km of long-distance trunk lines that transported 195 billion cubic metres of gas last...
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