China’s push to eradicate smog by using more natural gas is set to get a boost as it pushes ahead with a plan to merge under one company a national pipeline network that would unify transport and investment decisions.
Regulators are aiming to announce a decision before winter to combine oil and gas pipeline assets owned by its three state energy giants, worth as much as 500 billion yuan ($78 billion), under a new national operator, according to people with knowledge of the matter.
The move, under discussion since at least 2014, would reinforce President Xi Jinping’s commitment to overhaul ...