Private investment welcomed for oil, gas, nuclear
The government will encourage private-sector investment in liquefied natural gas terminals and oil and gas storage and distribution facilities, a senior official at the National Energy Administration said.
Liu Deshun, director-general of the department of oil and gas at the nation’s top energy planner, said that there is “huge potential” for growth in infrastructure for oil and gas storage and distribution.
Liu made the comments on Thursday at a news conference in Beijing held by the National Development and Reform Commission (NDRC).
The NDRC also announced that private capital was welcomed for new coastal nuclear power plants. Most of China’s established nuclear power stations depend on central government capital. (Photo 2)