Global Trade Alert
Global Trade Alert

China: Government reduces target price for imported natural gas in 2017

Announcement

22 Dec 2017

December 22nd, 2017 - The Chinese government published an update to its policy which guarantees domestic importers a certain price on natural gas.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jul 2017

Revocation date:

No revocation date

Last action: 22 Dec 2017
Tax or social insurance relief In force
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 Jul 2017

Revocation date:

31 Mar 2018

Last action: 22 Dec 2017
Import incentive
On December 22nd, 2017, the Chinese State Administration of Taxation reduced the target domestic sales price for imported natural gas. To incentivise gas imports, the Chinese government rebates the VA...
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