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Domestic natural gas prices have increased. Are domestic natural gas prices likely to increase?

Chinese natural gas suppliers can increase the price of non-residential natural gas by 20%. Natural gas suppliers must first consider the balance of market supply and demand and negotiate with all relevant parties before raising prices. There is a real shortage of natural gas in China during the winter, so seasonal price increases should be acceptable. Whether price increases will continue beyond winter will depend on factors such as international prices for fuels such as coal and crude oil and the growth rate of natural gas demand in China.

U.S. natural gas futures prices rose more than 10% on Monday as LNG exports rebounded but output remained sluggish and there were concerns about low natural gas inventories before winter. Continued rise in coal prices led to rising power generation costs for thermal power companies. , the proportion of natural gas power generation has gradually increased, further driving the growth of natural gas demand. Natural gas demand for the Winter Olympics overlaps with natural gas heating demand in northern China during the winter.

Gas prices are expected to continue to rise during the heating season and early stages of replenishment. With the arrival of the traditional peak season in the fourth quarter, domestic LNG prices still have room to rise. Organize local urban gas companies to sign comprehensive gas supply contracts with downstream users. From the government's perspective, it is necessary to urge all relevant parties to ensure the supply and consumption of gas in strict accordance with the contract. In particular, it is necessary to strengthen credit supervision over the signing and performance of the contract to ensure that the contract is implemented in place.

Urge all localities to effectively assume the main responsibility for ensuring the livelihood of the people, and gas supply enterprises to strictly fulfill the main responsibility for ensuring the safe and stable supply of natural gas, and strengthen coordination and cooperation according to the division of responsibilities to ensure that no problems occur. Do not use an open stove in a room where gas is used. Also use an open fire in a room that uses gas. Once natural gas leaks, fire and explosion are inevitable and will cause major disasters. It's windy in winter. When using the gas stove, do not leave the gas stove to prevent wind from damaging the gas stove and causing frustration. When the concentration reaches a certain range, deflagration will occur when encountering an open flame. After the gas stops, before going to sleep, and before leaving home, carefully check that the furnace and pipe valves are closed.