Non-residential use of natural gas 0.4 yuan per cubic liter

The government has recently revised the pricing policy for non-residential natural gas, aligning with the guiding principles of the Third Plenary Session of the 18th CPC Central Committee. This move aims to leverage price mechanisms more effectively in order to promote the development and importation of natural gas resources, expand domestic supply capacity, and ensure a more rational allocation of energy resources. On September 1st, the National Development and Reform Commission announced the new pricing structure. While residential gas prices will remain unchanged, the cost for non-residential users will increase by 0.4 yuan per cubic meter. This adjustment is expected to encourage more efficient use of natural gas and support long-term market stability. Since the last major price revision in 2013, the natural gas market has seen significant improvements. Supply has increased, both from domestic production and international sources, leading to better resource distribution and higher utilization efficiency. The current adjustment builds on this progress while ensuring continued market balance. Notably, the price adjustment for gas used in chemical fertilizer production has been temporarily suspended. This decision reflects the government’s careful consideration of market conditions, with plans to revisit the issue if there are positive developments in the fertilizer sector. All regions, relevant authorities, and natural gas companies are urged to implement these changes with due care. It is crucial to maintain stable supply chains, monitor pricing trends, and ensure fair practices across the industry. Regulatory bodies will also strengthen oversight to prevent any violations and safeguard the stability of the natural gas market. This update marks another step forward in China’s efforts to manage its energy resources more efficiently and sustainably, supporting both economic growth and environmental goals.

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