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China to Step Up E&P, Pipeline Construction

11/4/2020

China said it would step up its exploration of oil and gas, and speed up the construction of oil andgas pipelines and storage facilities, the Communist Party said, according to the official Xinhua News Agency. It will also accelerate the construction of trunk oil and gas pipelines, the Communist Party said Tuesday, reiterating its plans to dramatically increase the breadth of its pipeline transmission and distribution networks. China, which has reported a significant recovery in energy demand after a period of harsh pandemic lockdowns, has been working to restructure its state-owned energy assets and develop natural gas infrastructure as it shifts from coal-fired electricity generation.

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