Inform

Sinopec to sell 50% stake in its pipeline subsidiary

Get this report

$1,250

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

04 August 2016

Sinopec to sell 50% stake in its pipeline subsidiary

Report summary

Sinopec Corp announced it will sell a 50% stake in its Sichuan-East pipeline subsidiary. This is a further step towards the government's target of introducing competition in the midstream sector following PetroChina's pipeline asset sales and gas infrastructure integration last November. The move will help Sinopec to raise cash to develop gas resources including unconventional, as well as build long-distance gas pipelines and storage facilities in the next few years. The Sichuan-East pipeline transports gas from Puguang, Fuling and Yuanba in southwest China to the coastal market, and its strategic position will make it an attractive option for private investors.

Table of contents

  • Sinopec to sell 50% stake in its pipeline subsidiary

Tables and charts

This report includes 1 images and tables including:

  • Sichuan - East pipeline transports gas from southwest China to the coastal market

What's included

This report contains:

  • Document

    Sinopec to sell 50% stake in its pipeline subsidiary

    PDF 1.05 MB