Global Trade Alert
Global Trade Alert

China: Price level of imported natural gas reduced for 2016

Announcement

04 Mar 2016

March 4th, 2016 - the Chinese State Administration of Taxation released Notice No16/2016, which reduced the fixed price of imported natural gas, both liquefied and pipeline. The prices will be controlled through VAT adjustments.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jan 2016

Revocation date:

31 May 2017

Last action: 04 Mar 2016
Tax or social insurance relief
In addition to the above, the Chinese natural gas rebate policy simultaneously consitutes a discriminatory treatment of unknown users of the natural gas imported through the scheme, as imported LNG be...
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Implementation date

01 Jan 2016

Revocation date:

30 Jun 2017

Last action: 04 Mar 2016
Import incentive
On the 4th of March 2016, the Chinese State Administration of Taxation reduced the domestic sales price for imported natural gas. To incentivise gas imports, the Chinese government rebates the VAT on ...
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