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China cuts non-residential natural gas prices

Xinhua, November 18, 2015 Adjust font size:

China's top economic planner announced Wednesday a deep cut of city gate station prices of non-residential natural gas.

From Nov. 20, non-residential natural gas prices at city gate stations will be cut by 700 yuan (110 U.S. dollars) per thousand cubic meters, according to the National Development and Reform Commission (NDRC).

Industry players are allowed to raise gas prices by 20 percent based on supply and demand after the cut of non-residential natural gas prices, said the NDRC. Endi