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Non-residential Natural Gas Prices Decreased
Type:Press|IndustryNews  Date:2015-12-8  Resource:Dido  Hits:16164  print close

The National Development and Reform Commission (NDRC) announced that from November 20, non-residential natural gas  prices at city gate stations would be cut by 700 yuan per thousand cubic meters.
This move will cut costs for downstream industry players, promote fair market competition and stimulate the economy, said the NDRC.

It is estimated that the price cut will save downstream industries, including electricity generation, heating supply and the taxi industry, over 43 billion yuan annually.

The price cut will also help reduce energy use and emissions.

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