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Article: Natural gas price rises.(SPECIAL REPORT: Natural Gas)
- Article from:
- China Chemical Reporter
- Article date:
- February 26, 2007
CopyrightCOPYRIGHT 2007 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As was projected in the third-quarter monetary policy implementation report published by the People's Bank of China on November 15th, 2006, the residents' consumption price index in China would reach 1.5% in 2006. Prices of consumer commodities such as water, power and natural gas would rise and the pressure of inflation would persist in the future.
"The time for using low-price clean energies has gone forever," said an expert from the Oil/Gas Division of NDRC (the National Development and Reform Commission) Energy Bureau. "China will speed up the linkage of the resource price to the international market. NDRC is researching natural gas price policies and natural ...