# PetroChina’s shares fuelled by move to increase natural gas prices for commercial users | South China Morning Post

> PetroChina raised natural gas prices for commercial distributors by 10 to 15% for the 2017-18 winter, citing strong demand and tighter supply from Beijing's coal-curbing campaign. Distributors must pay 10% more on base volumes and 15% more on the gap between base and actual use.

- Date: 2017-11-06 · published 2017-11-06T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/10193-petrochina-s-shares-fuelled-by-move-to-increase-natural-gas-prices-for
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Higher Chinese gas prices increase energy and fertilizer costs in China and support demand for alternative fuels. The direct impact on feed commodities is limited.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2018-03-28 | [Gas Price Hike: India Hikes Natural Gas Price To Its Highest In Two Years](https://feedsoft.ai/events/66181-gas-price-hike-india-hikes-natural-gas-price-to-its-highest-in-two-years.md) | +4.5% | +5.8% |
| NATGAS | 2024-04-24 | [Global fertiliser prices set to drop but gas risks cause concern \| Farm Online \| ACT](https://feedsoft.ai/events/5022-global-fertiliser-prices-set-to-drop-but-gas-risks-cause-concern-farm-online-act.md) | +7.7% | +52.8% |
| NATGAS | 2026-10-29 | [EC holds to Russian gas ban as prices soar \| S&P Global](https://feedsoft.ai/events/2159-ec-holds-to-russian-gas-ban-as-prices-soar-s-and-p-global.md) | -1.8% | — |
| NATGAS | 2017-12-19 | [Suppliers hitting the gas - Chinadaily.com.cn](https://feedsoft.ai/events/67650-suppliers-hitting-the-gas-chinadaily-com-cn.md) | -2.4% | +29.6% |
| NATGAS | 2021-12-08 | [Farmers ask US Justice Department to investigate fertilizer price spikes \| Reuters](https://feedsoft.ai/events/43923-farmers-ask-us-justice-department-to-investigate-fertilizer-price-spikes-reuters.md) | +2.0% | +4.8% |

## Sources

- scmp.com: https://www.scmp.com/business/companies/article/2118615/petrochinas-shares-fuelled-move-increase-natural-gas-prices

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.