China due to announce city gas reforms – Citi Research

China’s State Council is likely to announce reforms to the city gas sector within the next month, according to Citi Research.
By Staff reporter 19 April 2017 0 25548

China’s State Council is likely to announce reforms to the city gas sector within the next month, according to Citi Research, which cited recent discussions with the National Development and Reform Commission in Beijing.

The bank said the goal of the reforms is to boost efficiency and reduce state intervention. The changes will include the steady liberalisation of upstream and downstream gas prices, while midstream long-distance pipelines and LNG will be permitted to make a fixed return.

Gas distributors such as ENN Energy Holdings and China Resources...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up