Protection of the environment is carried out by the State Environmental Protection Bureau. Apparently the state companies will discuss possible ventures and negotiate conditional agreements for joint ventures, subject to SDPC approval. A new activity is being undertaken - the evaluation of the profitability of individual fields and wells. These 2 companies contributed almost 30 percent of the profit revenue to the State from state-owned industrial enterprises. They are fenced off from international competition and domestic prices are above international levels.
China continues to be a net importer of petroleum.
This is leading to greater impetus for foreign investment and import of modern technology. Production of natural gas is expected to accelerate and grow at 15 percent per year in the near future. A number of gas transmission and distribution systems are planned or are under construction. The largest will result in 7,000 kilometres of large diameter pipe, to be completed by 2010, linking Xinjiang in Western China to Shanghai. The results of inquiries for agents specializing in the upstream sector and some contact information.