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RELIANCE CITES CHINA MODEL TO BREAK PSU MONOPLY.
NEW DELHI, Sept 1 Asia Pulse - Reliance Industries Ltd (RIL) (BSE:500325), India's largest private firm, has asked the Government to end the monopoly in distribution of natural gas to households and automobiles on the lines of China.
Countering claims that China provided a 30-year period of exclusivity for conveyance and marketing, RIL has submitted to Petroleum Ministry a letter from China Petroleum Pipeline Bureau that stated that China did not provide "exclusivity" in city gas distribution (CGD) projects and networks were open to third party access, official sources said.
China Petroleum Pipeline Bureau stated that "as per the Government regulation in China, only one operator is allowed to be the owner of infrastructure for city gas project. (However), third party access is allowed for selling their gas but a ...
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CNPC Pipeline Bureau earned half its revenue from overseas...INTERFAX-CHINA - The China Petroleum Pipeline Bureau (CPPLB), a CNPC subsidiary...half of the year's total. The Pipeline Bureau earned total operating revenues...
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Source: HighBeam Research, RELIANCE CITES CHINA MODEL TO BREAK PSU MONOPLY.