IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Nov 2012 | Removal date: 31 Dec 2015
Still in force

Production subsidy

On 6 November 2012, the Ministry of Finance issued the Notice No. 847 of 2015. Local shale gas/oil development and production companies can now benefit from shale production subsidy of 0.4 RMB/m3 until end of 2015. 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

153 Sands, pebbles, gravel, natural bitumen & asphalt
2714 Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks.
271490 Other

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