PetroChina's logo is seen at its petrol station in Beijing. Photo: Reuters, Kim Kyung-hoon

Seeking Alpha reports that PetroChina is considering publicly listing oil and gas pipelines in a US$85 billion spinoff.

Analysts from Bernstein and Jeffries tell Bloomberg that the management is leaning towards such a spinoff, but “timing is unclear.”

Jeffries’ head of Asian oil and gas equities Laban Yu adds that monetizing pipeline assets is one of PetroChina’s only options to attract investors.