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Global Trade Alert

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China: Decrease in shale gas development subsidy

Description

On 17 April 2015, the Ministry of Finance issued Notice No. 112 of 2015. Based on the notice, the current shale gas development and production subsidy will be decreased from 0.065 USD/m3 to 0.049 USD...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jun 2016

Revocation date

31 May 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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