NDRC Denies Pricing of Refined Oil Pricing to Enterprises

Peng Sen, deputy director of the National Development and Reform Commission, said yesterday that this year it was necessary to select a plan to launch a refined oil price reform program, shorten the price adjustment cycle, improve the price adjustment operation method, and increase the transparency of the operation of the mechanism.

Peng Sen said in an interview with reporters in the 2012 national economic system reform conference held in Shenyang that the reform plan for refined oil prices and taxes introduced at the end of 2008 had played a role in ensuring energy security and further determining oil prices in accordance with market orientation. Important role. However, some problems were found in the implementation process, such as the long price adjustment period, which could not timely reflect the fluctuation of international oil prices.

The current mechanism for determining the price of refined oil products requires that when the average price of crude oil in the international market (103.37, 0.59, 0.57%) changes for more than 4% for 22 consecutive working days, domestic oil prices can be adjusted accordingly. Peng Sen revealed that the idea of ​​the new refined oil pricing mechanism is to shorten the price adjustment cycle, more sensitively reflect the changes in the international market, and increase the transparency of pricing. The key is to ensure China's energy security and market supply.

“At present, the international oil price fluctuated at a high level. The new pricing mechanism for refined oil products must be introduced in the event of stable or falling oil prices. It must be approved by the central government before it is issued, and social opinions should be further revamped and improved,” said Peng Sen.

As for the saying that "the refined oil pricing power will be given to enterprises", which is circulated in society, Peng Sen made a clear response, which is inaccurate. According to the new refined oil pricing mechanism, the refined oil price is still the government-guided price. The relevant companies will adjust the oil price in accordance with the market changes and in accordance with the principles set by the government's guiding price, and timely adjust the oil price in accordance with relevant mechanisms. The government price control department must strengthen supervision and control. .

“I can say clearly that every time oil prices rise, they are very cautious and postpone them appropriately; each time they are downgraded, as soon as the conditions are ripe, they will immediately cut back and never postpone a day.” The public opinion caused by the upward adjustment, Peng Sen said that since the end of 2008 so far, the domestic oil price has increased by 13 times, 5 times, the overall increase of less than 80%, but over the same period the international oil price rose from more than 40 US dollars a barrel to nearly 120 In the United States dollar, the government has done a lot of work in stabilizing the price level of refined oil products and ensuring energy security.

Regarding the reform of natural gas prices, Peng Sen pointed out that the country has already conducted pilot projects in Guangdong and Guangxi in accordance with the new pricing mechanism of the “Market Echo Law”. It is planned to use two or three years to match the nationwide natural gas pricing with this new mechanism.

“I can say clearly that every time the refined oil price is raised, it is very cautious, and it is postponed accordingly; each time it is lowered, as soon as the conditions are met, it will be cut immediately and no delay has been made for one day.”