ASIA

More of that please: Far East on price hike

CHINA'S National Development and Reform Commission's decision to raise city-gate prices by 20% for base volume non-residential customers may not please consumers, however, Far East Energy Corporation is not only happy with it but believes the trend will continue.

Anthony Barich

More of that please: Far East on price hike

As of September 1, city-gate natural gas prices for base volumes rose by 0.4 renminbi per cubic metre (equivalent to $A2.02 or $US1.83 per million cubic foot), or approximately 20%, which would affect...

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