The establishment plan of national oil and gas pipeline network company may be announced at the end of June and formally established in August.
At the end of may, jiemian news learned from several authoritative sources that the newly established national oil and gas pipeline network company will follow the model of China iron tower co., LTD. (hereinafter referred to as China iron tower) with the rank of vice minister.It will focus on the assets of natural gas pipelines, mainly the trunk lines of natural gas pipelines, and implement the principle of voluntary participation in provincial pipelines.The company's shareholders will be mainly state-owned enterprises and absorb other social capital, including a small amount of gas storage and liquefied natural gas (LNG) terminals.
"In terms of share composition, the state will have absolute control, and there will not be a big difference in the proportion of existing central oil enterprises."Relevant research personage judges.
Established on March 26, 2014, China tower is mainly engaged in the construction, maintenance and operation of communication tower and other base station supporting facilities, high-speed railway and subway public network coverage, and large indoor distribution system. It is a large communication tower infrastructure service enterprise in China.
On October 31, 2015, China iron tower company conducted cash and capital increase transactions with three telecom enterprises to inject assets related to the existing iron towers, injecting more than 1.4 million iron towers, and the total value of the transaction reached 203.5 billion yuan, and simultaneously introduced new shareholders China guoxin. The registered capital of the company also increased from 10 billion yuan in the initial stage to 129.34 billion yuan.
On August 8, 2018, the company successfully listed on the main board of Hong Kong, raising 7.49 billion us dollars.In the current shareholding structure of China tower, China mobile accounts for 27.9%, China unicom 20.7%, China telecom 20.5%, China guoxin 4.4%, and H share public shareholders 26.5%.
For a long time, China's oil and gas pipeline network has been concentrated under the "three barrels of oil".By the end of 2018, CNPC, sinopec and cnooc had 96,000 kilometers of oil and gas trunk pipelines, accounting for 63 percent, 31 percent and 6 percent, respectively.The national provincial trunk pipeline network is 25,000 kilometers, and the three major oil companies and other main bodies account for 50% each.
Related researchers judge that in terms of operation mode, the investment and construction rights of the national oil and gas pipeline network company will be liberalized, and the ownership, operation and use rights will be separated.
"It will be open to third parties without discrimination. It will not buy or sell natural gas. It will only collect pipeline and transmission fees."The person said.
The lifting of the right of investment, financing and construction of pipeline projects is intended to encourage eligible private capital to participate in the investment and construction of pipeline projects, LNG receiving stations, oil and gas storage warehouses and other infrastructure, so as to better solve the chronic problem of insufficient gas storage facilities in China.
In 2018, China had 44 long-haul natural gas pipelines under construction and 14 trunk lines under construction or planned.The total length of pipelines is much lower than that of developed countries. China has 76,000 kilometers of main gas pipelines and 400,000 kilometers of distribution networks.By comparison, the United States has 500,000 kilometers of natural gas pipelines and 2 million kilometers of distribution networks.
In terms of per capita gas consumption and pipeline density, China is also lower than developed countries.According to public data, China's per capita gas consumption is 170 cubic meters per person, lower than the world average of 472 cubic meters per person.China's pipeline density is only 1/6 that of the United States, 1/10 that of France and 1/15 that of Germany.
From the current proportion of natural gas pipeline resources, petrochina occupies absolute resources.By the end of 2017, petrochina had about 53,800 kilometers of natural gas pipelines operating in China, accounting for 76.2 percent of the country's total, according to the company's official data.
Petrochina's natural gas pipeline business belongs to kunlun energy (00135.hk).Pipeline assets account for 70% of kunlun energy's total assets, and pipeline roe remains at about 7.6%.
After the establishment of national oil and gas pipeline company, the impact on petrochina, sinopec bear the brunt.
Xie Dan, deputy general manager of the natural gas branch of China petroleum and chemical corporation, said at a seminar on the construction and operation of gas storage and peak-regulation facilities in cities on May 30 that the company is changing its business direction.
At present, sinopec is studying and discussing to trade the spare capacity of gas storage through Shanghai petroleum and natural gas trading center with gas storage as the pilot, so as to realize the independent commercial operation of gas storage by market-oriented means.
For the central oil enterprises, the establishment of the national oil and gas pipeline company is also good.Li xuan, an analyst at cicc, has said sinopec could indirectly be the biggest beneficiary of the reform, with the pipeline spin-off plan clearing the last hurdle for sinopec's sales company to list.
Cnooc officials told securities daily that the establishment of the national oil and gas pipeline company will help cnooc expand its natural gas business from the southeast coast to the national market.
In addition, the independent national oil and gas pipeline company will bring great investment opportunities to social capital.
Beijing, May 31 (chinanewsp.cn) -- the state encourages and supports all kinds of capital to participate in the construction of oil and gas pipeline network facilities that are incorporated into the unified plan, and improves the oil and gas supply guarantee capacity, according to the regulation on fair and open supervision of oil and gas pipeline facilities jointly issued by four ministries and commissions, including the national development and reform commission and the state energy administration.
Before public opinion is concerned, after national oil and gas pipe network company is established, can form new market monopoly.Gao guang, deputy general manager of enn's energy trading business, said publicly that "monopoly is the least of our worries."
"The national oil and gas pipeline network company does not buy or sell gas. The only source of revenue is the cost of pipeline transportation."The key to the reform of oil and gas is the separation of transportation and distribution, which fundamentally solves the problem of monopoly motivation," gao said.
Liu manping, a researcher at the price monitoring center of the national development and reform commission, said that after the establishment of the national oil and gas pipeline network company, it will concentrate the monopoly businesses previously affiliated with several enterprises in one company, making the natural monopoly more prominent.However, as long as the regulatory system and measures are in place and operational, naturally monopolistic enterprises do not necessarily produce monopoly behavior.Therefore, national pipe network companies should strengthen their economic, social and safety supervision.
"The company's costs, prices and fair and open practices should be monitored by the government and society, and any information that can be made public must be made public."Mr Liu said.
The above measures clearly stipulates that the national energy administration and its agencies are specific regulatory agencies.Oil and gas pipeline network facilities operating enterprises shall announce the remaining capacity of oil and gas pipeline network facilities for each month of the next natural year before December 5 of each year on the information platform designated by the state energy administration or its dispatched agencies and on the enterprise portal website, and update the remaining capacity of oil and gas pipeline network facilities for each month of the current year before December 10 of each month.