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The oil and gas price regulation is unlikely to lift the ban in the near future. The reporter learned from relevant national departments and enterprises yesterday that the country may not be able to liberalize the control of oil and gas prices in the near future.
Yesterday, sources said that the National Energy Administration, the National Development and Reform Commission, and the two oil and petrochemical giants and other relevant agencies have reached the final sprint stage for discussions on liberalizing price controls. It was originally expected that the price control of oil and gas products would be released after August due to the current earthquake disaster. Suddenly, the price of oil gasification is likely to be released in early June. Stimulated by this, the oil and petrochemical sector pulled up sharply yesterday afternoon and a number of individual stocks rose to their daily limit.
However, the person in charge of the relevant national authorities said in an interview with reporters yesterday that at this critical period during the earthquake relief and reconstruction, the domestic refined oil prices could not be liberalized.
This person said that there are three main reasons why refined oil prices will be difficult to release in the short term. First, post-disaster reconstruction requires absolute protection of energy security. Post-disaster reconstruction requires the prosperity of industries such as construction, machinery, and transportation. If the price of refined oil is too high, the enthusiasm for building related companies will be greatly reduced. Second, the current lifting of the price of refined oil products is not conducive to controlling the CPI. Against the background of the current priority for earthquake relief, preventing the CPI from appearing "surge" has a more significant bearing on the smooth operation of the economy. Third, China's refined oil market does not yet have the conditions for market pricing, and the time for lifting the ban is not yet ripe.
People concerned with the National Development and Reform Commission told reporters that refined oil prices involve all aspects of the economy. Once it is completely in line with international standards, no one can guarantee that inflation will not occur. Therefore, the government will not venture out of the ban on refined oil prices in the special period after the earthquake.
“I did not hear the news that oil and gas prices were lifted in advance.†Zhu Binggang, deputy director of the experts committee of the CNPC expert advisory center, said yesterday: “This is a too big issue. I feel that the National Development and Reform Commission may not have the right to decide, and ultimately it must be decided by high-level officials of the State Council. ."
Zhu Binggang also believes that in the face of the high CPI and the current earthquake relief work has become the focus of the current national work, the refined oil price is unlikely to be liberalized during the year.
Whether oil and gas prices will lift the ban in advance, the reporter received responses from the two major companies.
In an interview yesterday, PetroChina and Sinopec officials said that there has been no notification that the country will release controls on oil and gas prices.
Yesterday, sources said that the National Energy Administration, the National Development and Reform Commission, and the two oil and petrochemical giants and other relevant agencies have reached the final sprint stage for discussions on liberalizing price controls. It was originally expected that the price control of oil and gas products would be released after August due to the current earthquake disaster. Suddenly, the price of oil gasification is likely to be released in early June. Stimulated by this, the oil and petrochemical sector pulled up sharply yesterday afternoon and a number of individual stocks rose to their daily limit.
However, the person in charge of the relevant national authorities said in an interview with reporters yesterday that at this critical period during the earthquake relief and reconstruction, the domestic refined oil prices could not be liberalized.
This person said that there are three main reasons why refined oil prices will be difficult to release in the short term. First, post-disaster reconstruction requires absolute protection of energy security. Post-disaster reconstruction requires the prosperity of industries such as construction, machinery, and transportation. If the price of refined oil is too high, the enthusiasm for building related companies will be greatly reduced. Second, the current lifting of the price of refined oil products is not conducive to controlling the CPI. Against the background of the current priority for earthquake relief, preventing the CPI from appearing "surge" has a more significant bearing on the smooth operation of the economy. Third, China's refined oil market does not yet have the conditions for market pricing, and the time for lifting the ban is not yet ripe.
People concerned with the National Development and Reform Commission told reporters that refined oil prices involve all aspects of the economy. Once it is completely in line with international standards, no one can guarantee that inflation will not occur. Therefore, the government will not venture out of the ban on refined oil prices in the special period after the earthquake.
“I did not hear the news that oil and gas prices were lifted in advance.†Zhu Binggang, deputy director of the experts committee of the CNPC expert advisory center, said yesterday: “This is a too big issue. I feel that the National Development and Reform Commission may not have the right to decide, and ultimately it must be decided by high-level officials of the State Council. ."
Zhu Binggang also believes that in the face of the high CPI and the current earthquake relief work has become the focus of the current national work, the refined oil price is unlikely to be liberalized during the year.
Whether oil and gas prices will lift the ban in advance, the reporter received responses from the two major companies.
In an interview yesterday, PetroChina and Sinopec officials said that there has been no notification that the country will release controls on oil and gas prices.
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