Taiwan’s CNPC announced the domestic gas price adjustment plan for March 2008
Taiwan's CNPC announced today (1) that since the beginning of the day on the 2nd, domestic domestic LPG (barreled gas), industrial propane, butane and mixed propane were up 2.1 yuan per kilogram. Liquefied petroleum gas for vehicles increased by 1.1 yuan per liter; domestic natural gas prices increased by an average of 2.99%.
Taiwan's CNPC said that the price of LPG is handled in accordance with the Monthly review and adjustment mechanism for the price of LPG in Taiwan, which has risen and fallen with changes in international prices. In March, the international LPG contract price CP rose from the previous (2) month. According to the price adjustment mechanism, the price per kilogram was increased by 2.1 yuan. In February, in order to cooperate with the government's measures to stabilize prices during the Spring Festival, the temporary absorption of 0.9 yuan per kilogram is to consider the burden of the people and will be replenished when the price falls in the future. For the prices of various LPG products, please refer to the LPG price list announced by Taiwan's CNPC Global Information Network.
Regarding the natural gas component, according to the government-determined natural gas price formula, the domestic natural gas price should increase the selling price in March due to the increase in gas source cost. However, in line with the government's policy of stabilizing prices, Taiwan's CNPC aids only slightly increased the price of domestic natural gas for all types of users within the scope of authority. From March 2 onwards, the average adjustment was 2.99%, of which the common natural gas business NG (1) per cubic meter It rose by 0.36 yuan, calculated by the average monthly household consumption of about 30 to 45 cubic meters, and increased by about 10.8 to 16.20 yuan per month. Please adjust the price of each natural gas product to the natural gas price list announced by Taiwan's CNPC Global Information Network.
Source: Ministry of Economic Affairs R.O.C