(Sohu.com, Oct 30, 2006) The three oil giants, CNPC, Sinopec and CNOOC, recently submitted an application on LNG price hike to the National Development and Reform Commission (NDRC).

Sources from the Industry Department of National Development and Reform Commission disclose that NDRC plans to increase LNG prices by a rang between 5 and 8 per cent annually until integrating with the world level.
source:Sohu.com
Drawn from Chinese language press