End-user gas prices in China could fall by 20% after Beijing unveils the next round of pricing reforms later this year. Changes will include merging citygate prices for residential and non-residential gas, according to a top government policy researcher.
The State Council, China’s cabinet, is preparing guidelines for unifying citygate prices by hiking residential costs and cutting industrial prices until they are level, Guo Jiaofeng, an expert with the Development Research Centre of the State Council, told Interfax Natural Gas Daily.
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