PetroChina raises nat­u­ral gas prices

China Daily (USA) - - BUSINESS -

PetroChina Co raised non-res­i­den­tial nat­u­ral gas prices in the coun­try’s north­ern prov­inces, to help man­age peak de­mand dur­ing a win­ter ex­pected to be the cold­est in four years. The coun­try’s big­gest gas pro­ducer and im­porter boosted prices by 10 per­cent in Shan­dong from Sun­day to March 15, ac­cord­ing to peo­ple with knowl­edge of the mat­ter. Gas prices were also in­creased in north­east­ern China to deal with a “very tight sup­ply” in the peak win­ter pe­riod.

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