Natural gas price will not be raised in February: MOEA

Focus Taiwan
Date: 2019/01/24
By: Liao Yu-yang and Chung Yu-chen

Minister of Economic Affairs Shen Jong-chin (沈榮津)

Taipei, Jan. 24 (CNA) The price of natural gas will remain flat in February, while gasoline prices will be lowered in the week starting Jan. 27 to help stabilize commodity prices during the Lunar New Year holiday, Minister of Economic Affairs Shen Jong-chin (沈榮津) said Thursday.

State-owned oil refiner CPC Corp., Taiwan normally calculates its weekly fuel prices based on a weighted oil price formula made up of 70 percent Dubai crude and 30 percent Brent crude.    [FULL  STORY]

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