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China announces new pricing mechanism for gas pipeline tariff

Beijing (JLC), June 10, 2021--China’s top economic planner National Development and Reform Commission (NDRC) said Tuesday in a release that the country will switch to region-unified pricing for gas pipeline tariffs from January 1, 2022 onwards.

06-10-2021 17:50:41

PetroChina adopts new gas pricing for sales to western LNG plants

Beijing (JLC), May 21, 2020--PetroChina announced lately that it would change its gas pricing model for sales to western LNG plants as from May 20.

05-21-2020 16:37:13

Coal-based pricing likely to benefit Chinese LNG buyers

Beijing (JLC), April 16, 2019--Japan's Tokyo Gas recently inked a unique deal with Shell for LNG supply, partially priced off coal indexes, Tokyo Gas said. The innovative pricing may prove a bonus for Chinese LNG buyers, industry sources commented.

04-16-2019 17:44:18

China’s natural gas pricing mechanisms

Beijing (JLC), September 27, 2018--China has begun to reform the natural gas industry since 2015 with a guideline of controlling the midstream pipeline transportation and gas distribution yields and loosening market competition and pricing mechanisms in upstream gas source and downstream sales.

09-27-2018 10:49:10

CNPC issues new pricing strategy for winter gas supply

Beijing (JLC), August 8, 2018--China National Petroleum Corporation (CNPC) has been pushing for the signing of 2018 winter natural gas supply complementary agreements with end users in many regions since last week.

08-08-2018 15:18:55

NDRC decides to unify pricing mechanism for natural gas

China decides to unify the pricing system for residential and non-residential natural gas starting from June 10th, 2018, its latest a move to deepen the ongoing market-oriented reform, the National Development and Reform Commission (NDRC) said in a notice on May 25th.

05-31-2018 15:01:26

Vehicle LNG no longer adopts government pricing from May 1st

Vehicle LNG prices will no longer be subject to government pricing since May 1st, 2018, as JLC knows.

04-24-2018 11:44:57

Xinjiang Oil and Gas Exchange is approved and is to be the pricing center for Central Asia

Depending on the perfect oil and gas industrial chain, Karamay City was approved by Xinjiang Autonomous Region Development and Reform Commission to launch the preliminary work for Xinjiang Oil and Gas Exchange Center on April 8th.

05-19-2017 16:24:24

Non-residential gas pricing reform scheme to be announced soon

The National Development and Reform Commission will release the Guiding Opinions on Strengthening Supervision on Gas Distribution Charge and Promoting Non-residential Gas Pricing Reform (Guiding Opinions) very soon, a source familiar to the issue revealed on May 16th, 2017.

05-17-2017 18:01:35

China opens the natural gas pricing reform at storage facilities

The National Development and Reform Commission (NDRC) released the Notice on Defining Related Pricing Policy of Gas-Storage Facilities (Notice) on October 18th. It required that China's natural gas-storage service price and natural gas purchase and sales price

10-25-2016 17:38:39

Natural gas pipeline transport pricing to be fixed by China government

According to the National Development and Reform Commission (NDRC)， advice was asked in the public about the Management Regulation for Natural gas Pipeline Transport Price (Trial) and the Supervision and Examination Methods of Natural Gas Pipeline Transportation Cost (Trial).

08-22-2016 12:09:42

Baotou City carries out three-tier pricing for household natural gas

Natural gas price for household use has been charged according to use amount. Natural gas price is CNY1.82/cbm in the benchmark tier; natural gas will be charged CNY2.18/cbm in the second tier; and CNY2.73/cbm in the third tier.

07-18-2016 17:43:52

Preliminary scheme rolled out for market-oriented natural gas pricing

Reportedly, relevant authorities have mapped out a preliminary scheme on promoting the marketization of natural gas pricing, aiming to ultimately loosen pricing at the gas source side and gas sales side....

06-30-2016 09:20:18

China LPG pricing system adjustment

On January 13th, 2016, National Development and Reform Commission released a statement about improving petroleum pricing system. According to the statement, LPG EXW will decide both by buyers and suppliers and LPG EXW ceiling is canceled.

01-14-2016 16:08:34

China newly-established oil product pricing system

On January 13th (24:00) the gasoline and diesel retail prices were cut by CNY140/mt and CNY135/mt respectively.

01-13-2016 18:20:22

NDRC: defer to adjust oil product price and improve the pricing mechanism

12-30-2015 18:02:13

China natural gas pricing reform targets opening

The State Council, China’s cabinet, released Opinions on Promoting Price Mechanism Reform, requiring to speed up liberating of natural gas sources and sales prices, and to set natural gas pipeline transmission and distribution rates based on the principle of “cost plus reasonable profits”.

10-20-2015 11:24:01

Analysis on impacts from natural gas pricing reform

The National Development and Reform Commission lately announced to formally unify the pricing of volume-planned CNG and over-volume-planned CNG as of April 1st, 2015.

03-02-2015 14:07:34

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