PetroChina officially announced that PetroChina Power will be restructured and listed in the future.

On November 7, the reporter learned that China Petroleum Group Power Co., Ltd. (hereinafter referred to as "CNPC Power") was formally established, which marked that Daqing Oilfield Power Group has made substantial progress in deepening reform, upgrading and development.

Starting from 216, Daqing Oilfield Electric Power Group is preparing to set up a power selling company, and when it sets up a nationwide power selling company, PetroChina, the "oil seller", officially announced that it will "sell electricity".

since the establishment of the new electricity reform of PetroChina, the electricity sales business of PetroChina has developed rapidly.

In January p>216, Daqing Oilfield Electric Power Group established a working group for the preparation of electricity sales companies; In July of the same year, it was awarded the first power supply business license in Northeast China by Northeast Supervision Bureau of National Energy Administration, which defined the power supply business area, and enjoyed the same rights and obligations as local power enterprises, laying a legal foundation for Daqing Oilfield Power Sales Co., Ltd. to operate the distribution network. On August 18 of the same year, China Petroleum officially approved the establishment of a power sales company; At the end of the same year, the National Development and Reform Commission officially approved the incremental distribution network project of anniversary Oilfield as one of the first batch of 15 pilot projects in China. With the approval of Heilongjiang Provincial Price Supervision Administration, anniversary Oilfield Power Sales Company enjoyed the wholesale price when purchasing electricity, and enjoyed the first electricity reform bonus.

It will be restructured and listed in the future

In fact, before the formal establishment of PetroChina Electric Power, it has already started the business of selling electricity.

on October 9th, Guangxi CNPC Electric Power Sales Co., Ltd. and Guangxi Petrochemical formally signed the Letter of Intent for Power Purchase Cooperation. In 218, the latter authorized the company to participate in the annual long-term association and monthly bidding transactions. This is the first "business" negotiated since the establishment of PetroChina's first unified platform for purchasing and selling electricity.

It is understood that Guangxi CNPC Electric Power Sales Co., Ltd. is one of the first platforms for purchasing and selling electricity approved by the leading group for comprehensive deepening reform of PetroChina. Since its launch on April 25 this year, it has been intensively engaged in industrial and commercial registration, electricity market registration and other pre-guarantee work, and given full play to the overall resources and market advantages of the group company, it has gradually implemented professional operation of electricity business, properly handled various relations with internal power consumption enterprises, local governments and external power enterprises of the group company, and actively strived for favorable policies.

the industry believes that PetroChina Electric Power also has the overall synergy advantage of upstream and downstream integration, the advantages of market scale at home and abroad, and the advantages of talent echelon covered by all majors, which are the basis for ensuring PetroChina Electric Power to seek greater development in the fierce market competition.

"Under the tide of power system reform, oilfield power has begun to glow with new life." WangXiuJiang, an analyst at Huachuang Securities, told reporters that first, the reform gave it the qualification to legally supply power (before the reform, oilfield power did not have the qualification to supply power); Second, the reform has given it the conditions to expand the power market space, which can be extended from Heilongjiang to the national petroleum system, even outside the petroleum system; Third, under the downward trend of oil prices, electricity purchase and sale and value-added services will be a new way for oil companies to redeem themselves.

What needs to be mentioned is that PetroChina, which is undergoing the reform of state-owned enterprises, can be said to be a step in its transformation.

PetroChina Electric Power has achieved mechanism transformation, structural transformation and strategic transformation, completed the transformation of corporate system, and has become the main body of market competition, and has grown into the largest comprehensive power company in PetroChina.

Relevant persons of PetroChina Electric Power told reporters that the company has established a "three-step" development path of reorganization, restructuring and listing, and applied to be included in the third batch of national pilot units for mixed ownership reform, which is at the forefront of the reform of state-owned enterprises.