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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

Oil product retail price adjustment may be shelved in the first pricing cycle in June

Recently, China oil product market was in a strange development. According to the chart above, international crude oil kept increasing since mid-May, so all traders were waiting for the upward trend in the oil product market.

06-01-2017 14:28:07

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

First pricing adjustment of oil products to be raised in 2017

Oil products prices ended with three consecutive rises after up-adjustment on December 28th, 2016. The news issued on the website of the National Development and Reform Commission (NDRC) showed, according to the current oil products pricing mechanism, domestic gasoline & diesel

12-29-2016 15:05:27

China state-owned enterprises’ pricing is more market-oriented

12-09-2016 08:41:14

Rio seeks iron ore premium from China mills in likely pricing war revival

Australian miner Rio Tinto is asking Chinese steel mills to pay a premium for its highest grade iron ore product for the first time since an annual pricing system collapsed in 2010, two sources familiar with the situation said.

11-30-2016 15:54:22

China oil products pricing adjustment was stranded as OPEC's disagreement

The international oil price has been fluctuating with the obvious downward trend since the beginning of domestic oil products pricing cycle.

11-04-2016 13:35:11

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

Hope abounds for hot summer to help CAPP coal pricing

Coal pricing remains depressed and demand absent in the Central Appalachian spot coal market, with hopes of a hot summer hopefully bringing a reprieve, industry participants told S&P Global Platts this week.

05-18-2016 10:32:13

Iron ore steady, firm China steel pricing keeps buying interest intact

Chinese steel producers have been either boosting output or resuming operations amid recent gains in prices as they look to brisk seasonal demand in the second quarter when construction activity typically increases.

03-31-2016 17:17:59

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