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China to reform oil prices in 20 days: state media
Beijing (AFP) Nov 19, 2008 China is expected to reform its oil pricing mechanism within 20 days as part of efforts to reduce consumption and air pollution, state media reported Wednesday. The China Daily quoted on its website an anonymous source "close to Beijing's top decision-making circles" as saying the new price system would be released within 20 days. "The aim is to complete China's fuel tax reform and to encourage energy conservation and emission control," the website quoted a source as saying. The paper noted that China's prices for refined oil products have so far been under government regulation. China has said it wants to shift to an economic growth model that pollutes less and is more energy-efficient, but experts say it still has much to do to achieve that ambition. Related Links Powering The World in the 21st Century at Energy-Daily.com
China to build new oil, gas pipeline across Myanmar: state media
Beijing (AFP) Nov 19, 2008China flagged Wednesday it would build a pipeline into Myanmar in a project that would give it easier energy access but also potentially raise concerns about its links with the nation's ruling junta. |
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