China’s top economic planning body has asked major natural gas distributors and local authorities to remove the fixed price caps for households by September, sources familiar with the discussions have told Bloomberg. The move is aimed at supporting China’s natural gas distributors, many of which have seen profits evaporate amid high import prices for LNG but a cap on household prices. So far, these distributors have not been able to pass on the higher costs of importing the gas to consumers. The removal of the price cap…
Hence then, the article about china set to scrap natural gas price caps to support distributors was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( China Set to Scrap Natural Gas Price Caps to Support Distributors )