BEIJING (Reuters) - China plans to create an energy ministry to oversee the country's vast oil and gas sectors, part of a planned government shake-up aimed at making policymaking more efficient, four sources with ties to the country's leadership said.
The new ministry would replace the existing regulator, the National Energy Administration (NEA), which was created a decade ago and is part of the powerful state economic planner, the National Development & Reform Commission (NDRC).
The NEA declined to comment and the NDRC did not respond to requests for comment.
(Reporting by Josephine Mason and Benjamin Kang Lim; Editing by Tony Munroe and Christian Schmollinger)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app