BR100 Increased By (2%)
BR30 Increased By (2.44%)
KSE100 Increased By (1.72%)
KSE30 Increased By (1.77%)
BECO 5.69 Increased By ▲ 0.11 (1.97%)
BML 62.00 Increased By ▲ 0.78 (1.27%)
BOP 35.04 Increased By ▲ 1.36 (4.04%)
CNERGY 8.18 Increased By ▲ 0.10 (1.24%)
DCL 12.10 Increased By ▲ 0.46 (3.95%)
FCCL 54.80 Increased By ▲ 2.66 (5.1%)
FCSC 5.68 Increased By ▲ 0.05 (0.89%)
FFL 18.23 Increased By ▲ 0.22 (1.22%)
FNEL 1.37 Increased By ▲ 0.02 (1.48%)
HUMNL 11.30 Increased By ▲ 0.26 (2.36%)
KEL 8.03 Increased By ▲ 0.19 (2.42%)
KOSM 6.10 Increased By ▲ 0.37 (6.46%)
MLCF 91.75 Increased By ▲ 5.24 (6.06%)
NBP 192.99 Increased By ▲ 8.69 (4.72%)
PACE 11.80 Increased By ▲ 0.15 (1.29%)
PAEL 41.15 Increased By ▲ 1.19 (2.98%)
PIAHCLA 26.03 Increased By ▲ 0.36 (1.4%)
PIBTL 17.63 Increased By ▲ 0.36 (2.08%)
PPL 227.40 Increased By ▲ 4.73 (2.12%)
PRL 34.90 Increased By ▲ 0.44 (1.28%)
PTC 65.68 Increased By ▲ 1.94 (3.04%)
SEARL 91.85 Increased By ▲ 1.39 (1.54%)
SSGC 27.23 Increased By ▲ 0.56 (2.1%)
TELE 9.19 Increased By ▲ 0.28 (3.14%)
THCCL 70.50 Increased By ▲ 2.03 (2.96%)
TPLP 11.30 Increased By ▲ 0.10 (0.89%)
TREET 24.89 Increased By ▲ 0.19 (0.77%)
TRG 70.25 Decreased By ▼ -0.34 (-0.48%)
WAVES 11.28 Increased By ▲ 0.17 (1.53%)
WTL 1.29 Increased By ▲ 0.02 (1.57%)

China's Ministry for Environmental Protection (MEP) said it had completed coal-to-gas and coal-to-electricity projects for 3.9 million households or 25,220 villages, exceeding a target of 3.1 million houses for 2017 in northern Chinese regions. The project has left some rural villages in the cold, however, the MEP said late on Sunday, as local officials were unable to finish projects before the winter heating period began on November 15.
As many as 3,704 villages had not completed switching residents from coal stoves to either burning natural gas or to electricity as of December 24. That accounts for 16 percent of the total amount of the project, the MEP data showed. As a result, these villages need to keep burning coal, the MEP said. China began an ambitious programme earlier this year under which millions of households and some industrial users are switching away from coal for heating, as Beijing tries to clean the tainted air in northern China after decades of galloping growth.
But the programme has led to widespread shortages of natural gas, sent LNG prices soaring and left some residents freezing in their homes and factories shuttered. The statement from the MEP was the first acknowledgement from the central government of the consequences of the move.
China's LNG imports hit a monthly record of 4.06 million tonnes in November, customs data showed on Sunday.

Comments

Comments are closed for this article.