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...
- You have reached an article available exclusively to subscribers
- Stay informed with exclusive, accurate and up-to-date energy news, analysis and intelligence. Sign up for 7-day trial access to this and more premium content. It's free!
- Get a free trial Already a subscriber? Sign in