Policy & Regulation

Gas prices in Nanning fall to historic low

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
By Staff reporter 15 May 2018 0 30870

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...