ANNOUNCEMENT 01 Nov 2012

In November 2012, the government of China announced a change in production support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
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 SECTORS

 

AFFECTED PRODUCTS