The hottest natural gas price hike solves the reso

2022-08-22
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Raising the price of natural gas to solve the dilemma of resource prices

is it to curb inflation or rationalize the price of resource products? The answer given by the national development and Reform Commission is to have both. After more than two years of stagnation, the natural gas price reform finally "broke out" after the industry recognized that the "time is ripe". Although the first step of natural gas price reform is "cautious", it releases a positive signal, which will help to straighten out the price comparison relationship between natural gas and other alternative energy, and will also solve the dilemma of resource allocation

the previous notice issued by the State Council to ensure the realization of the "Eleventh Five Year Plan" energy conservation and emission reduction goals clearly requires "deepening energy price reform and adjusting natural gas prices". Yesterday, the national development and Reform Commission issued a notice that from June 1, the benchmark ex factory price of domestic onshore natural gas was raised from 925 yuan per thousand cubic meters to 1155 yuan, an increase of 0.23 yuan per cubic meter, with a price increase of 24.9%

price change opening: cancel the "dual track system"

according to the notice on improving the ex factory benchmark price of domestic onshore natural gas approved by the State Council, from June 1, the ex factory (or initial station) benchmark price of all oil and gas fields (including the West to east gas transmission, Zhongwu line, Shaanxi Beijing line, Sichuan to East Gas Transmission) will be increased by 230 yuan per thousand cubic meters. At the same time, the first and second grade ex factory benchmark prices of Dagang, Liaohe and Zhongyuan oil and gas fields were weighted and merged, and the "double track system" of prices was abolished. After the first and second gear gas prices of domestic onshore natural gas are merged, the allowable floating range of the ex factory benchmark price is uniformly changed to 10% upward and unlimited downward, that is, the supplier and the demander can negotiate to determine the specific price on the premise of not exceeding 10% of the ex factory benchmark price

at the same time, the state requires all regions to adjust in principle according to the ratio of the sales price of natural gas for vehicles to the maximum retail price of gasoline, which shall not be less than 0.75:1

for the price increase, the relevant person in charge of the national development and Reform Commission said that the lack of domestic natural gas resources, the price of domestic natural gas is significantly lower than that of other alternative energy sources, and the increasingly prominent contradiction between supply and demand are the three major reasons for the price adjustment

the per capita share of natural gas resources in China is less than 10% of the world average, and the natural gas supply gap is large. The domestic natural gas supply and demand gap in 2008 and 2009 was about 3billion and 9billion cubic meters respectively

statistics show that the average ex factory benchmark price of domestic onshore natural gas is only about 25% of the crude oil price in the international market. Compared with other alternative energy prices, the price of domestic natural gas is equivalent to 1/4 of the price of equal calorific value liquefied petroleum gas, 1/3 of the price of fuel oil, and about half of the price of imported natural gas

the unreasonable price comparison between natural gas and other alternative energy sources has led to "oil to gas" in various places, competing for high energy consumption projects using natural gas as raw material and fuel, which has made the resource supply increasingly tight. The "gas shortage" and gas injection difficulties in some areas have made the public feel the dilemma of natural gas supply

price change direction: in line with international gas prices

price is the most sensitive and direct signal to guide the allocation of market resources. However, the role of this signal has obviously not been played in the field of natural gas. The obvious low price of domestic natural gas has existed for many years. The low price can not reflect the real value of resources, nor can it meet the return on investment of enterprises. At the same time, the low price of domestic natural gas makes enterprises too competitive in exporting natural gas, and even causes the pressure of RMB appreciation to a certain extent

the national development and Reform Commission said that the domestic natural gas price adjustment is to promote resource conservation, straighten out the price comparison relationship between natural gas prices and other alternative energy, and guide the rational allocation of natural gas resources

adjust the left and right levels of the body by leaning against the side of the swing rod with a level ruler. Lin Boqiang, director of the China energy economy research center of Xiamen University, said that the natural gas price reform has just taken the first step. With the increase of the proportion of international natural gas in the domestic natural gas supply, which accounts for 6.1.3 ears per day, the result is rounded to an integer multiple of 0.1%. The direction of price reform is to be in line with international gas prices. The price of domestic residential natural gas will also be linked with oil prices like vehicle natural gas

inflation expectations: lower oil prices offset higher gas prices

real estate, agricultural products... Recently, the speculation style of hot money seems to be getting bigger and bigger, leading to high inflation expectations. In such a period, will raising the price of natural gas aggravate inflation expectations

after the factory price adjustment of domestic gas, the purchase costs of local urban gas companies have increased accordingly. According to the survey data of China Urban Gas Association, the average monthly cooking gas consumption of each household in China is about 20 cubic meters. According to the calculation that the sales price of urban gas will be increased by 0.23 yuan per cubic meter, the monthly expenditure of urban residents will increase by about 4.6 yuan

nevertheless, many experts interviewed said that the current is the best period for the price reform of resource products

since the beginning of this year, the positive momentum of the national economy has been further consolidated. The relevant person in charge of the national development and Reform Commission previously predicted that the overall price level in the second quarter would continue to fully meet the temperature control indicators specified in the national standards and maintain a moderate upward trend

in this regard, the external force P caused the deformation of the internal deformation of the sensor. Dongxiucheng, deputy dean of the school of Business Administration of the University of petroleum, said that at present, the domestic inflationary pressure is not very great, and at this time, the benchmark price of natural gas is significantly increased, "the time is more appropriate". According to Dong Xian'an, chief macroeconomic analyst of industrial securities, the increase in natural gas prices directly increased the CPI in June by less than 0.1 percentage points. On the same day, the national development and Reform Commission announced that the reduction in oil prices could partially offset the inflation expectations caused by the increase in gas prices. He said that the decrease in oil prices would directly reduce the CPI in June by 0.07 percentage points

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