Funeng (600483): Indonesia Contract Natural Gas Station Price Cut By 0.519 Yuan / M3
Funeng (600483. SH) announced that on March 10, 2021, Fujian Jinjiang natural gas power generation Co., Ltd., the company's holding subsidiary, received the notice on adjusting the price of contract natural gas stations in Indonesia of CNOOC Fujian Natural Gas Co., Ltd. (mfgsj [2021] No. 131) issued by Fujian development and Reform Commission.
According to the relevant provisions of gate station price linkage mechanism, the price of Indonesia contract natural gas station sold by CNOOC Fujian Natural Gas Co., Ltd. to gas power plant is adjusted to 58.0652 yuan / gJj (converted into 2.216 yuan / m3), which will be implemented from January 1, 2021.
The price of natural gas will be reduced by 0.519 yuan / m3 compared with the current price, which will reduce the operating cost of Jinjiang gas and power.
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