Analysts believe that the notice of the opening of China’s natural gas reserves peak gas price market prelude, or drive this winter and spring storage increase in gas prices.
The reserve price market opened the prelude of gas peak shaving
Since this year, natural gas market reform gradually accelerated.
Recently, the national development and Reform Commission issued the “Notice of national development and Reform Commission on the relevant price policy clear storage facilities” (hereinafter referred to as the “notice”), clear storage service price negotiated by both purchase and sale, the price of natural gas storage facilities are formed by market competition, and encourage enterprises to invest in the construction of gas storage facilities.
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Acciona analysts Yu Licheng told reporters that the “notice” issued, is another major move following the natural gas pipeline transportation pricing mechanism reform documents after the release of the natural gas market reform of long distance, “is reflected in the open ends” market liberalization in the supply side.
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