End-user gas prices in Nanning, the capital of southern China’s Guangxi region, have fallen since the start of April to their lowest-ever level, the Nanning Daily newspaper reported last week.
Household gas prices have dropped to RMB 3.06 per cubic metre ($13.68/MMBtu), while the cap on industrial prices has been lowered from RMB 3.9/cm to RMB 3.2/cm.
The price cut will save industrial users RMB 18 million per year. The region’s transport tariff of RMB 0.2/cm will also be abolished by...
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