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China's new pipeline network shakes up its natural gas dynamics

Beijing rejiggers relics from planned-economy era into efficient infrastructure

China's recent love affair with natural gas is taking a new twist, following last year's creation of a national pipeline network.

The shift in recent months has been shaking China's three energy majors, China National Petroleum Corp. (CNPC), China Petrochemical Corp. (Sinopec) and China National Offshore Oil Corp. (CNOOC). Each suddenly found its position greatly altered after the latest rejig that created a modern national distribution network accessible to all.

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