Natural gas price increases unveiled in a few days. Early in June, convened by the National Development and Reform Commission, a forward price of natural gas on the reform of closed-door meeting reconvened. Dong-A Ilbo noted that the final gas price reform program is still unresolved, in 2011, the price system will be in full swing.
        Participants price department sources, the preliminary study and formulate a number of National Development and Reform Programme, but eventually it will be in the "old fashioned old price, new price for new gas" and "old fashioned, new gas-weighted average" choose one of two programs in two. It is understood that in the East Gas Sinopec to send, it is considered in the implementation of the former program, while the oil is preferred the latter.
        Including the three major oil companies, provincial Development and Reform Commission, Price Bureau of the relevant person in charge, and some experts in the closed-door meeting. The official said that more participants preferred the weighted average method.
        Target price changes
       The meeting, the decision-makers to develop short-term goal of price reform and long-term goals. Short-term goal is, through price adjustments to address the issue of domestic natural gas prices upside down. Long-term goal is to achieve market gas prices, just upstream of the pipe network and transmission and distribution monitoring.
        China's current natural gas prices continue to guide the implementation of national unity, which led to the international price of imported natural gas, three oil companies to bear the high cost pressure. 2010, China's natural gas imports expected to reach 15 billion cubic meters.
        PetroChina sources said the state currently requires gas import prices and domestic gas sales with the price, which will allow the import of oil from Central Asia's Second West-East facing huge losses. It is estimated that losses may be related to 50 billion yuan.
        It is understood that the gas price reform to promote a major background for the use of natural gas, the relevant department for the protection of domestic resources, in the appropriate development based on increased international resources [0.45 2.30%] the strength to purchase.
        However, as domestic gas prices with international prices deviate from, making this principle can not be fulfilled. Many companies launched competing domestic gas projects, and increased consumption of domestic resources. Data showed U.S. natural gas prices are the same calorific value gas prices 80% -90%, China 30%. China Petroleum [10.69 0.56%] University, Associate Dean of Business Administration Dong Xiucheng that the heat value from the point of view, the current domestic gas prices low, is not conducive to efficient use of natural gas resources.
        Before the commencement of the relevant price reform, the state implemented price increases on gas prices. Close to the National Development and Reform Commission sources said the increased price of natural gas, on the one hand ease the pressure on business costs, more important is to inhibit the production of enterprises with low efficiency use of natural gas. To report, the price increase affected more industrial users.
        Program to be determined
       Chengdu session in 2008, the National Development and Reform Commission has started to develop natural gas prices on the reform program, has heard the three major oil companies, provincial Price Bureau, the downstream gas companies, expert advice from various quarters. Currently only the formation of a report on the principle of price reform.
        Newspaper noted that the final pricing of the current program is still no final conclusion. NDRC hopes to "old fashioned old price, new price for new gas" and "old fashioned, new gas-weighted average" choose one of two programs in two.
        "Old fashioned old price, new price for new gas," the idea is to add capacity (new gas) and gas prices linked to international standards, the stock price of gas is the implementation of the original gas.
        Began operation in October last year, Sinopec East Gas Transmission Project in the pricing model, the idea was considered to be the pilot. According to informed at that time, East Gas Transmission ex-factory price is no longer sub-file, directly identified the 1.28 yuan / cubic meter benchmark price, the final price determined by the supply and demand sides can be plus or minus 10%.
        At present, subject to the upstream petrochemical inadequate resources, the annual output of only 8.5 billion cubic meters of natural gas, in the three oil giants in the last row.
        PetroChina is the "weighted average" supporter of the program. The weighted average method, at present, Chinese cities, including ex-factory price of natural gas, pipeline transportation price, price of three parts of sewer. The formation of ex-factory gate price plus pipeline station price.
        Price reform program, including the stock of gas supply, new gas supply, gas supply and other import prices from different sources, pipeline transportation fees related to the manner adopted by the weighted average, then by the National Development and Reform Commission to develop a gate station sales guide price. Implementation of price reform, the ex-factory price, price will be the major oil and gas pipeline company's own pricing, but prices can not be higher than the Development and Reform Commission to develop a weighted average price, after guiding the door station.
        Oil production in the first place the current domestic natural gas in 2009 reached 68.097 billion cubic meters. The participants said that if weighted, to make domestic gas prices and the rapid integration of international gas prices, the oil-gas multi-national self-produced, weighted more advantages in price.
        Not only controls the upstream exploration and production and the midstream pipeline transportation of two major oil companies of interest game, the downstream terminal for distribution of city gas suppliers are game. The weighted average of options, including fertilizer, power generation industry, including many business people think, program implementation, lower prices in one step, will greatly enhance risk.
        Giant busy layout
       Whatever the price of the program, CNPC, Sinopec and other upstream companies will be beneficiaries of price reform, they have launched a new round of layout.
        10 June, PetroChina announced the purchase and sale of natural gas and Uzbekistan signed a framework agreement, Uzbekistan China will supply 100 billion cubic meters annually. CNPC has set up to focus on the Kunlun Gas City Gas Company, and acquisition of CNPC Hong Kong, relying on upstream gas source, and started in the downstream distribution.
        In 2009, PetroChina's gas company after another into the Kunlun Gas's, centralized management, and in many parts of the city, laying the opportunity to second-line use of natural gas, and local </ li> governments in the provision of management network and gas supply, gas supplies will be lower in his hands.
        Latest news is that chew the Sinopec has also increased the gas business integration. To report, Sinopec is restructuring its gas business, in the original East Gas Transmission Headquarters, based on formation of natural gas, project management department, responsible for the development of gas fields, layout, and pipeline construction operations.
        This reporter has learned, Sinopec Sichuan gas field in the proved reserves of 121.12 billion cubic meters added. Sinopec's upstream business is the future of the project by the Ministry. (Jiang Lei)