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China gas distribution price may be cut to boost consumption

August 2, 2016

China, the world’s third-largest natural gas consumer, is planning to lower distribution prices for gas, part of anticipated sector reforms to boost use of the cleaner-burning fuel, state media reported.

China has since 2015 been formulating reform plans aimed at lifting sagging demand growth for natural gas, as industrial users were paying among the world’s highest prices, threatening Beijing’s targets of curbing pollution and emissions by using more of the fuel.

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