dimanche 7 août 2016

China, the third-largest natural gas consumer in the world

China, the third-largest natural gas consumer in the world, is for gas to lower sales prices planning to increase a portion of the expected sector reforms using the cleaner-burning fuel, state media reported.

Fund distribution in China is done through the major banks, insurance companies and asset management firms, which requires building relationships, said UK-based Tonkinson, - See more at:

China, the third-largest natural gas consumer in the world

China has since 2015 already sagging in lifting demand growth for natural gas oriented reform plans to formulate industrial users are among the highest prices paid around the world were threatened Beijing's goals for pollution and emissions by more of the fuel. He Yongjian, deputy head of the planning department of the National Energy Administration, told state media in a weekend seminar which examined the policy to cut the regulated distribution costs for the fuel.

Such a development in the shares performances of city gas companies such as ENN Energy Holdings Ltd. and Shenzhen Gas said industry experts could weigh.

"We are short of natural gas but affordability is also a problem. We will take action to reform the pricing mechanism," he said, quoted by the China National Radio on Monday. Good head and the prices to consumers burdened as petrochemical plants and ceramic manufacturers would be determined by the market, while state-regulated distribution prices would be reduced. "May fall Prices for the distribution and transport of stages. The distribution costs in branch lines are relatively high, and it has pushed the cost to consumers upwards," he was quoted as saying.

can apply controlled Sections on transport fees on pipelines by state giants, mainly PetroChina, industry experts have said.

Under the current mechanism is Beijing, the ceiling on wholesale gas prices through a link on alternative fuels and promotes large consumer prices directly with suppliers such as PetroChina and Sinopec Corp. negotiate

But price adjustments recently made in November 2015 often delayed changes in benchmark fuels, making gas relatively more expensive compared to competing fuels. Demand growth has dropped dramatically over the last two years of the stormy years 2004-2013 to the low single digits, if demand increased fivefold. The provincial government of Guangdong and Zhejiang have earlier this year rolled out pilot projects to distribution costs, state Economic Information Daily reported in June, cut to pave the way for further modernization. China aims by 2020 to increase gas consumption to 360 billion cubic meters, almost double the 2015 level.


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