Is the gas company private or state-owned?
The natural gas company is a state-owned enterprise. According to official website information of the State Administration for Industry and Commerce, the natural gas company is wholly owned by the state and owned by state-owned enterprises. It is a legally established organization engaged in production and business activities and belongs to state-owned enterprises. Among the state-owned natural gas companies, such as China Petroleum and Natural Gas Group Company and China Petrochemical Group Company, these companies are large state-owned enterprises with huge natural gas business and extensive industrial chain, including exploration, development, production, transportation and sales. These companies are the main suppliers and participants in the domestic natural gas market, and their operation and management should follow relevant laws, regulations and norms to ensure safety, environmental protection and sustainable development.