Global Trade Alert
Global Trade Alert

China: New shale gas development subsidy

Announcement

01 Nov 2012

In November 2012, the government of China announced a change in production support.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Nov 2012

Revocation date:

31 Dec 2015

Updated: 01 Nov 2012
Production subsidy

On 6 November 2012, the Ministry of Finance issued the Notice No. 847 of 2015. Local shale gas/oil development and production companies can now benefit from shale production subsidy of 0.4 RMB...

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