Home Sitemap 繁體 | 簡体
Company News
  Industry News
The National Development and Reform Commission and the National Energy Administration jointly issued a Mid- and Long-Term Oil and Gas Pipeline Network Development Plan
Pipeline Networks to Reach 240,000 Kilometers by 2025

14 Jul 2017

(12 July 2017) A new, jointly released “Mid- and Long-Term Oil and Gas Pipeline Network Development Plan” (the “Plan”) by the National Development and Reform Commission and the National Energy Administration, becomes an important guideline to accelerate the infrastructure construction of China’s oil and gas pipeline network.

The Plan emphasizes the establishment of a safe and stable national energy supply through future planning, speeding up formation layout construction, broader coverage, and smooth access to safe, efficient, and modern oil and gas pipeline networks. The networks are important for guaranteeing the safety of nationwide energy distribution, reducing economic operating costs, increasing effective investment in society and improving people’s quality of life.

By 2020, the total length of the China’s oil and gas pipeline networks will reach 169,000 kilometers, among which there are crude oil pipeline, refined oil pipeline, and natural gas pipeline with the length of 32,000 kilometers, 33,000 kilometers and 104,000 kilometers respectively. By 2025, the total length of the oil and gas pipeline networks will reach 240,000 kilometers.

The Plan also details a scientific layout for the country’s oil and gas pipeline network. Firstly, it will expand the import channel for the “One Belt, One Road” initiative by consolidating and improving the northwest, northeast, southwest, and offshore oil and gas import channels, which will promote energy interconnection of the countries along the Belt and Road. The Plan aims to form an oil and gas import channel network that places equal emphasis on both onshore and offshore oil and gas import channels by 2025. Secondly, it will strengthen the basic networks of natural gas pipelines. By 2025, the main lines and the branches will be interconnected and every region can form networks themselves. Thirdly, it will improve the layout of the crude oil pipeline channel. The crude oil formation connects both the northwest and southwest, the northeast and north and east China, and extends the layout of the crude oil pipeline channel from coastal to inland area. Fourthly, it will optimize the refined oil pipeline network structure, which will facilitate greater transfer of refined oil from North to the South, and from the coast to the interior. Finally, the Plan determines to speed up the construction of oil reserve system and gas storage system in order to enhance crude oil reserve and gas peaking capacity.

Pursuant to the Plan, the total length of China’s pipeline networks for crude oil, natural gas and refined oil was 112,000 kilometers in 2015. According to the 2016 China Petroleum Sustainability Report, the China Petroleum Oil and Gas Pipeline reached 80,000 kilometers as of the end of 2016 and basically formed the national oil and gas supply network covering 30 provinces, municipalities and autonomous regions, as well as Hong Kong Special Administrative Region.

Source: http://news.cnpc.com.cn/epaper/zgsyb/20170714/0239002006.htm

Back     Print

The above article is collected from third party sources and Shengli Oil & Gas Pipe Holdings Limited (the "Company") has not independently verified the accuracy of the content of such articles and expressly disclaim any responsibility over the information contained in such articles. The articles contained in this section of this website is solely for the purpose of facilitating the public to obtain market information of the industry in which the Company operates and does not constitute any offer to sell or a solicitation of or invitation for an offer to buy or subscribe for any securities in Hong Kong or any other country or jurisdiction.