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SpinDistribute.com Article Directory

The following article was published in our article directory on January 25, 2011.
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XOM Will Develop German Natural Gas Resources

Article Category: Business

Author Name: Amanda xzh

The world's biggest oil and gas producer American exxon mobil European center director in Grenoble, Karl 1820s coffin 23 that the company will invest hundreds of millions of euros for the development of gas resources in Germany.

Carl 1820s coffin in an interview with the German newspaper, said north west Germany Rhine - simvastatin leah state once was German coal industry center, the area may have Europe's second-biggest natural gas, natural gas reserves, about 2.1 trillion cubic meters.

He said, the project total investment will depend on the region's gas concentration degree and the mining efficiency and decide, "if I am lucky, we will raise billions euros funds for the mining"

According to Chinese petroleum economic institute of technology personage introduction, China's natural gas pricing mechanism reform thinking has initially: from current cost-plus government pricing into market net return value method pricing.

The expert inside course of study says, China's current gas pricing mechanism lack, and often cut the price mechanism to raise prices make consumers to accept. But according to the measure of the petroleum economic institute of technology, if the new pricing mechanism implementation, domestic gas prices, while imports would increase in prices will fall, the price tends to narrow.

According to the personage introduction, the market value pricing method based on net back of natural gas market value basis determine upstream gas supply price of natural gas, the market value in accordance with competitive alternative sources of energy prices determine thermal equivalent, the end user price according to the market value to decide.

The basic thought of new pricing mechanism, first choose natural gas mainly the consumer market and more air source collection point as market center, to establish a market center price and alternative fuels price changes hook formula, as a domestic gas pricing and pricing of core, then reverse back to push the door, forming provinces standing price and each field ex-factory price, then press the door standing price and user account settlement. That is to say, new changed in the past by the government pricing methods, the natural gas prices and marketization of alternative variety price hook, formed by the market price of the terminal determined, minus pipe-conveying price, retracing door standing price.

According to our country's current gas pricing mechanism, onshore natural gas factory-gate prices and gas pipe-conveying prices are formulated by the national development and reform commission, Sea gas prices by both parties through consultations between supply and demand, Local construction of pipeline, price departments authorized by the state council, pipe-conveying price can by provincial prices branch establishment; Urban gas prices by provincial prices branch established.

In the pricing mechanism, China onshore natural gas factory-gate prices in 1.17 yuan/stere, only for same calorific value of fuel oil prices to 30% to 40%. Whereas China imported gas prices higher, even in the last June 1st domestic gas factory-gate prices adjustments, nowadays whether inlet piping gas or import LNG, gas price is still better than domestic gas prices high 1-2 times.

According to information, the implementation of the new price mechanism is still faced with some problems. First is alternative fuels selection criteria is uncertain, Second, the exporter can accept our pricing mechanism to downgrade export prices is uncertain, In addition, the mechanism and cost-plus method as much air networking cannot adapt to demand.

Keywords: PCB Assemblies Manufacturer, China Circuit Assemblies

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