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Title: |
Macro-Control of Natural Gas Price in China Based on the Principles of Four Balances |
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Source: |
International Conference on Engineering and Business Management 2012(Part 4 Urban Management and Financial Investment)
(pp 2428-2432)
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Author(s): |
Xingyou Gao, School of Economics and Management, Qujing Normal University, Qujing, Yunnan, China, 655011
Wenjin Gao, School of Economics and Management, Qujing Normal University, Qujing, Yunnan, China, 655011 |
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Abstract: |
Coal, electricity, oil and gas are four basic energies. Natural gas is a clean and highly efficient energy of non-renewable resource and chemical raw materials, whose price mechanism plays a very important role for the development of natural gas industry, economy and society. At present, the pricing mechanism of natural gas has outstanding problems in China, which can not meet the requirements of economic and social developments. From the viewpoint of system, price model of natural gas in China is discussed in the view of four balances, which are balance between partial interest and overall interest, balance between short-term interest and long-term interest, balance between natural gas industry and alternative energy industries, balance between domestic market and foreign markets. At last, a scientific and reasonable price formula of natural gas is presented.
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