Global Trade Alert
Global Trade Alert

China: Government adjusts target price for imported natural gas in 2018

Announcement

17 Oct 2018

October 17th, 2018 - 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

4

2 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Jul 2018

Revocation date:

No revocation date

Last action: 17 Oct 2018
Tax or social insurance relief In force
In October 2017, the Chinese government announced it was altering the target sales price for imported natural gas. The second stage of the announcement decreased this target price. This incentivised i...
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Implementation date

01 Jul 2018

Revocation date:

No revocation date

Last action: 17 Oct 2018
Import incentive In force
On October 17th, 2018, the Chinese State Administration of Taxation increased the target domestic sales price for imported natural gas. To incentivise gas imports, the Chinese government rebates the V...
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Implementation date

01 Apr 2018

Revocation date:

30 Jun 2018

Last action: 17 Oct 2018
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 Apr 2018

Revocation date:

30 Jun 2018

Last action: 17 Oct 2018
Import incentive
On October 17th, 2018, the Chinese State Administration of Taxation increased the target domestic sales price for imported natural gas. To incentivise gas imports, the Chinese government rebates the V...
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