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Modus Series. Features and benefits of the Modus Series: Manufactured with a stainless steel construction that improves structural integrity and life of product a critical need when used in challenging environments. Modular design allowing for versatile and tailored applications and solutions.
About Us. Our purpose Our purpose is to deliver energy to the African continent in line with the growth demand. Our vision Our vision is to become a leading independent pan-African oil and gas company focused on sustainable growth.
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Our mission Our mission is to explore, develop, produce and sell oil and gas and associated products to international markets and in South Africa, and to participate in upstream, midstream and downstream oil and gas projects and businesses on the African continent that create value for all our stakeholders, while upholding the principles of good corporate, social and environmental responsibility. Our top priority To deliver sustainable value to all our stakeholders by improving the performance and cash flows of our key businesses.
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PetroChina is selling a majority of its midstream assets for CNY The announced transactions are scheduled to be completed by 30 September Fitch does not expect much delay in this time line, as PipeChina needs to assume full operation before the winter heating season begins in November. The establishment of PipeChina is a milestone in China's gas sector reform, in a bid to reduce and deregulate natural gas prices. PipeChina will earn strictly regulated midstream transmission fees to lower excessive middleman charges.
It will also bring more competition in the upstream segment by ensuring open access to midstream assets by all eligible gas users and distributors, which can choose their own suppliers. Competition was constrained before PipeChina due to the national oil companies' ownership of pipeline and terminal assets, which provided them with a natural monopoly in their service regions.