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Broad & Bright | China | 8 Apr 2019

Government greenlights national oil and gas pipeline network company

The Communist Party's Central Comprehensive Deepening Reform Committee recently approved the Implementation Opinions on the Reform of the Operation Mechanism of the Oil and Gas Pipeline Network and the establishment of an independent national oil and gas pipeline network company. This initiative will significantly transform China's oil and gas sector into a more competitive and......
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Broad & Bright | China | 17 Jul 2017

Latest market reform in oil and gas sector

The Communist Party Central Committee and the State Council recently issued the Opinions on Deepening the Reform of the Petroleum and Natural Gas Sector. While the market-oriented reform of the entire oil and gas industrial chain includes no surprises, the opinions reflect the government's strong intentions behind the reform and send a positive signal to investors. However, the reform will......
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Latham & Watkins LLP | Japan | 12 Jul 2017

LNG for Japanese Buyers: End of the Road for Destination Clauses?

The Japanese antitrust regulator, the Japan Fair Trade Commission (JFTC), announced on June 28, 2017 the results of its investigation into…
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Bryan Cave Leighton Paisner (BLP) | China, European Union, Hong Kong, etc. | 4 Aug 2016

Belt and Road Insights - August 2016

The Belt and Road Initiative is a major development strategy launched by the Chinese government in September 2013 to sponsor and promote economic…
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Jones Day | China | 2 Aug 2016

Chinese Enterprises to Maintain Oil Reserves for National Use

China's National Energy Administration's ("NEA") Regulation of National Oil Reserves (Draft) (国家石油储备条例 (征求意见稿)) was issued on May 31, 2016. Ten years…
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King & Wood Mallesons | China, European Union | 26 Apr 2016

Chinese SOE transactions may unexpectedly trigger an EU merger notification

Chinese State-owned enterprises (SOEs) acquiring businesses or entering into joint ventures with other parties may unexpectedly trigger an EU merger…
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Stephenson Harwood LLP | China | 7 Oct 2015

Approval and regulatory requirements for outbound investments of Chinese enterprises

Significant incentives have been provided over the years by the Chinese Government to Chinese enterprises under its "Going Out" policy to encourage…
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Norton Rose Fulbright | China | 25 Jun 2015

China - shale gas handbook

China's oil fields are drying up. The pressing need for the People's Republic of China (China) to develop new energy sources is a key…
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Broad & Bright | China | 15 Jun 2015

Recent legislation provides boost for oil and gas infrastructure projects

With the growing diversification of upstream and downstream players and the rapid development of pipeline networks, demand for reform in China's oil and gas midstream sector is increasing. In response to this demand, the authorities are actively adopting various measures to change the existing situation in an attempt to liberalise the midstream sector.
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Bracewell LLP | Kenya, Mozambique, Tanzania, etc. | 30 Oct 2014

East Africa licensing update – Q4 2014

With Tanzania in the final stages of evaluating bids for oil and gas blocks offered in its latest bidding round which closed in Q2 2014, it was…
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