National Pipeline Network Oil and Gas Transportation Business of Southern Holdings Group  

Southern Holdings Group holds the oil and gas transportation qualification awarded by the National Pipeline Network Group. Relying on the national "One Network for the Nation" infrastructure, it provides efficient, fair, and open pipeline transportation services for both supply and demand sides of oil and gas resources. As a core hub connecting upstream resource extraction and downstream market consumption, this business promotes the optimal allocation of oil and gas resources nationwide through standardized processes and intelligent management, assisting in energy structure transformation and the realization of the dual-carbon goals. The following introduces this from aspects such as business models, core advantages, application scenarios, development status, and future trends:  

I. Business Model and Service System  

The oil and gas transportation business of the National Pipeline Network follows the principles of fair openness and market-oriented operation, providing full-process service support for upstream and downstream users through a model of "unified platform, unified dispatching, and unified settlement."  

II. Core Advantages  

Extensive Infrastructure Coverage  

By 2025, the National Pipeline Network Group will operate over 100,000 kilometers of oil and gas pipelines, forming a national network pattern of "West-East Gas Transmission, North-South Gas Delivery, and Offshore Gas Landing," covering more than 400 cities and nearly 500 million people.  

Strategic projects such as the China-Russia Eastern Line and the Fourth West-East Gas Transmission Line have been put into operation, further enhancing cross-regional transportation capabilities.  

Strong Emergency Support Capability  

 Peak-shaving facilities such as gas storage tanks and LNG receiving stations have improved winter supply support capabilities. During the 2024-2025 winter supply period, the Western Pipeline transported a cumulative 33.793 billion cubic meters of natural gas, with a daily maximum transportation volume of 182.6 million cubic meters.  

III. Application Scenarios and Typical Cases  

Cross-Regional Resource Allocation  

Marine Gas to Anhui: The Anhui Provincial Energy Group transports resources from CNOOC's Shenzhen LNG receiving station to Anhui via the West-East Gas Transmission Pipeline through the National Pipeline Network platform, achieving "sea-land coordinated" supply.  

Sichuan Gas to East China: After the completion of the Qianjiang-Shaoguan Pipeline, a pattern of "north gas, south gas" (north gas moving south, south gas moving north) has been formed, alleviating gas supply tensions in Hunan and other regions.  

Industrial and Urban Gas  

Shandong Industrial Park: Adopting a "one-to-many" model to build skid-mounted stations for centralized gas supply to enterprises, with the investment payback period shortened to 8 months.  

Beijing Livelihood Security: The Shaanxi-Beijing Pipeline System ensures gas supply for 120 million people in the Beijing-Tianjin-Hebei region. During the 2025 winter supply period, Urumqi dispatched 2.58 billion cubic meters of natural gas.  

Emergency and Peak Shaving  

Gas Storage Service Transactions: In 2025, the Wen 23 Gas Storage and Jintan Gas Storage carried out auctions to ensure winter gas supply through market-oriented mechanisms. For example, the Wen 23 Gas Storage has a maximum daily injection capacity of 1 million cubic meters during the injection period and a maximum of 950,000 cubic meters during the production period.  

LNG Emergency Peak Shaving: After the second phase of the Guangxi LNG project was put into operation, the storage capacity increased to 1.04 million cubic meters, enhancing regional emergency support capabilities.  

IV. Development Status and Policy Environment  

Market Scale and Growth  

In 2024, China's natural gas consumption reached 365 billion cubic meters, with an import dependency rate of 45%, and the transportation volume of the National Pipeline Network continued to grow.  

In 2025, plans to add over 2,000 kilometers of pipelines and a primary transportation capacity of 25 billion cubic meters will promote the completion of the "14th Five-Year Plan" goals.  

Policy Support and Regulation  

The National Energy Law clearly requires the fair openness of pipeline network facilities, with violators facing economic penalties.  

The National Pipeline Network Group has formulated the *Natural Gas Pipeline Network Balance Management Rules* to strengthen gas volume balance control and promote the standardized development of the industry.