Singapore—China’s National Development and Reform Commission has submitted to the State Council for approval a blueprint for the natural gas sector under the 12th Five Year Plan that could indicate a timetable for a nationwide rollout of a new gas pricing mechanism, an official with the NDRC’s research institute told Platts May 9. “The plan should have already been submitted and will be made public once it is approved,” said the official who declined to be named, adding that the plan will set out natural gas supply and demand forecasts over 2011 to 2015.
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