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2010 is destined to be the first year of energy price reform. Entered in April, the price of natural gas-intensive to change the signal came. Experienced time and again in the "introduction of Eve", the natural gas price change yesterday, finally taking the first step.
Yesterday, the National Development and Reform Commission issued a notice, decided to play at 0:00 on the on June 1 will be factory-made land-based natural gas benchmark price increased 230 yuan per thousand cubic meters, and further improve the management of natural gas prices, improve the relevant pricing policies.
Price increase rate of 25% and there is still gap between the international gas price
For a long time, and refined oil, electricity, compared to significantly lower natural gas prices in China. International oil prices have risen to around 80 U.S. dollars at present, but without making the domestic natural gas prices have been adjusted.
Statistics show that the international market price of natural gas and other heating value is usually about 60% of crude oil prices (factory part), while the domestic onshore natural gas benchmark price of an average factory price of crude oil is only equivalent to the international market about 25%. And other alternative energy prices, domestic natural gas prices and other heat value equivalent to one quarter of the price of liquefied petroleum gas, fuel oil prices one-third, about half the price of imported natural gas.
According to yesterday Development and Reform Commission issued the "factory on the improvement of domestic onshore natural gas benchmark price of notice", the base price of domestic onshore natural gas shipped from the 925 yuan per thousand cubic meters up to 1,155 yuan, 230 yuan per thousand cubic meters to improve and enhance price increase of 24.9%.
In this regard, Xiamen University, China Energy Economic Research Center director Lin Boqiang told the "Daily Economic News" interview, said that this rate of closer to 25% of the price adjustment, but still different than the international gas price.
Incremental 4.6 yuan per household per month has little effect on the CPI
Adjustment of domestic gas prices, local gas company's purchase costs increased substantially. National Development and Reform Commission said prices of Secretary, Cao Changqing, the residents around the gas specific time and magnitude of price adjustment that will ultimately carry out the hearing procedures of provincial governments to decide.
Lin Boqiang said affected, according to survey data of China Gas Association, the national average monthly per household cooking gas is about 20 square. Click here to measure the average monthly urban residents that will be about 4.6 yuan more than incremental.
Why raise gas prices at this time, the National Development and Reform Commission said yesterday that the price Secretary Cao Changqing, economic growth picked up noticeably improved economic efficiency, the overall price level is running low background, natural gas prices ripe for reform.
Development and Reform Commission also said the person, integrated all aspects of the judge in the second quarter the overall price level will continue to maintain a moderate hike. Prior to the new prices of its factors in the second quarter is expected to be reduced, in May and June CPI could rise about 3%.
In response, Beijing Institute of Petroleum Management, said Han Xuegong gas prices are directly related with the common people, and even more sensitive than gasoline prices. Associate Dean of Business Administration University of Petroleum, Dong Xiucheng said that there is little domestic inflationary pressures, taking into account the domestic use of natural gas, prices are not expected to have much impact on the CPI.
To increase natural gas supply and demand gap will be going up, experts say
Also gas prices while improving management practices, vehicle price ratio between natural gas and oil relationship to further improve.
A notice will be part of the oil and gas fields, gas prices were merged two files to remove the price "dual system"; further expand the range of price fluctuations, supply and demand sides to allow the factory base price based on 10% of the float, float downward within the open consultation to identify specific price. Around the principle requirements in accordance with the highest retail gasoline prices not less than 0.75:1 straighten out the relationship between the parity price of natural gas vehicle, to maintain reasonable gas price ratio car.
"Gas prices just the first step of reform." Lin Boqiang that the future price of natural gas to change direction line with international standards, with the international natural gas accounted for the proportion of domestic gas supply increase in domestic natural gas prices will further increase. According to data provided by Development and Reform Commission, last year China's apparent consumption of natural gas is about 90 billion cubic meters, of which imports 7.8 billion cubic meters, more than 8% of foreign dependence. Imports in 2010 is expected to more than 15 billion cubic meters. Even so, there are still large gaps in the supply of natural gas. 2008 and 2009 respectively, the domestic gas supply and demand gap of 30 billion and 9 billion cubic meters or so.
With the growing gas imports, particularly natural gas of Central Asia into China last year, the price is inverted state, oil companies have been operating at a loss. Data: According to the Second West-East link with the international oil pricing formula, when the international oil price of 80 U.S. dollars / barrel, the Central Asian natural gas in the Horgos border duty-paid price 2.20 yuan / cubic meter. Second-line across the board in accordance with the average natural gas pipeline transportation costs 1.08 yuan / cubic meter, the city gate station average price reached 3.28 yuan / cubic meter. This price is much higher than domestic prices. Dong Xiucheng said on Sinopec, PetroChina and other oil companies is good, but also lead to chemical gas industry costs.
In addition, the Development and Reform Commission in the notice clear pricing policy of natural gas imports from Central Asia this year: the price of natural gas imports from Central Asia temporarily prepay domestic price of natural gas for the implementation of similar users. Lin Boqiang said that the number of natural gas imports from Central Asia in 2010 is relatively small, with the price of domestic gas sales will make the two oil giants in the country earn a little, but a little loss in foreign countries. (Entrapment)
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