This article is from WeChat public account: China Economic Weekly (ChinaEconomicWeekly) , author: Li Huimin, title figure from: vision China

On December 9, National Oil and Gas Pipeline Network Group Co., Ltd. (hereinafter referred to as “National Oil and Gas Pipeline Network Company”) was officially established in Beijing. This marks a key step in China’s deepening reform of the oil and gas system.

A personage in the industry told the reporter of “China Economic Weekly” that before, the pipelines of various oil companies were generally not “shared”, which made the transportation of imported oil and gas to a certain extent the problem of unsmooth pipeline utilization and exacerbated It is difficult to connect supply and demand in peak season. The establishment of a national oil and gas pipeline network company is conducive to better control of the intermediate pipeline network transmission link and creates good conditions for more market players to participate in competitive business.

Another central enterprise giant is established

The national oil and gas pipeline network company, which has attracted much attention from the market, held a listing ceremony in Beijing’s Guozhaozhao Hotel on December 9, from relevant national ministries and commissions, relevant central enterprises, financial institutions, and pipe network enterprises from provinces, autonomous regions and municipalities More than 100 people attended the listing ceremony.

Li Jin, executive director of the China Enterprise Research Institute and vice chairman of the Central Enterprise Reform and Development Research Association, said in an interview with a reporter from China Economic Weekly that the establishment of the National Oil and Gas Pipeline Network Company has taken the marketization of oil and natural gas A key step in the reform is the independence of the pipeline network and the separation of transportation and sales, which will help separate the existing monopoly link from the competitive link.

According to media reports, the newly formed national oil and gas pipeline network company has an asset scale of about 300 billion to 500 billion yuan, and the company is included in the central government supervised by the SASAC.In the enterprise series, SASAC holds a share, and PetroChina, Sinopec and CNOOC will all have a certain percentage of shares. The assets such as the main pipeline network wholly owned or controlled by the three major oil companies, the equity of the provincial pipeline network held by them, some LNG receiving stations and gas storage, and pipeline network dispatching business will be included. The national oil and gas pipeline network business segment will be divided into three divisions and four divisions, namely the crude oil division, the natural gas division and the refined oil division, as well as the production and operation command division, the technology research and development division, the engineering construction division, and the complete pipeline. Sex Division.

In this regard, the analysts of Guojin Securities believe that the establishment of the National Oil and Gas Pipeline Network Company will accelerate the construction of oil and gas pipelines. At present, China has completed 136,000 kilometers of long-distance oil and gas pipelines, including 79,000 kilometers of natural gas pipelines, 29,000 kilometers of crude oil pipelines, 28,000 kilometers of refined oil pipelines, and a total of 169,000 kilometers from the end of the 13th Five-Year Plan and the 14th Five-Year Plan. There is still a large gap between the target of long-distance oil and gas pipelines with a kilometer and 240,000 kilometers. After the listing of the national oil and gas pipeline network company, it will vigorously promote the pipeline construction plan in accordance with relevant plans and increase the speed of pipeline network construction.

A personage in the industry told the reporter of “China Economic Weekly” that after the listing of the National Oil and Gas Pipeline Company, the next step will continue to clarify the assets and personnel relationship with “Three Barrels of Oil”. Go public.

A major breakthrough in the reform of the oil and gas system

Industry insiders told the reporter of China Economic Weekly that before, pipelines of various oil companies were generally not “shared”, which made the transportation of imported oil and gas to a certain extent the problem of unsmooth pipeline utilization, which exacerbated the problem. It is difficult to connect supply and demand in peak season.

As an important link in oil and gas production and transportation, the construction of China’s oil and gas pipeline network has always been dominated by large central enterprises led by “three barrels of oil”. According to media reports, as of the end of 2017, the total mileage of domestic long-distance oil and gas pipelines was about 131,300 kilometers, of which PetroChina’s domestic pipelines accounted for about 65% of the total mileage, Sinopec accounted for about 15%, and CNOOC’s pipeline mileage was the shortest. , Mainly concentrated in coastal areas and the field of natural gas transportation.

“The establishment of an oil and gas pipeline network company is conducive to unified planning of the pipeline network, reducing redundant construction and disorderly competition. The existing state-owned oil and gas companies’ capital expenditures will be further concentrated in the areas of exploration and production, which will help increase oil and gas production and Promote the diversification of domestic oil and gas supply entities and enhance the natural gas supply capacity. “Li Jin said,” The benefits to the market are also obvious. After the implementation of the “one nationwide network”, it can promote inter-regional interconnection, reduce excessive transportation levels and increase prices. Too high, which will reduce the price of pipeline transportation. End users will also have more choices,