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China’s natural gas prices fall again

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Report summary

On November 18th the NDRC announced that non-residential city-gate gas prices will be reduced by RMB0.7/m 3 (US$3.10/mcf). Prices can still be negotiated, with a cap of 20% above regulated prices but with no floor. The announcement also gives a green light to the Shanghai Petroleum and Gas Exchange to take on a major role in gas trading.

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    China’s natural gas prices fall again

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  • Gas and LPG prices comparison (Jan 2014 - Sep 2016)

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