Natural gas prices drop 3.4-5.6%

The Environmental Protection Bureau (DSPA) has announced in a statement that the government has approved a price decrease for locally provided natural gas, with immediate effect. The drop will range between 3.4% and 5.6%, depending on the user grouping. Despite rising prices in most petroleum products and by-products in Macau, the drop in natural gas prices is attributed to the narrower difference between the Macau Pataca and the Chinese Yuan, the DSPA explained in the statement. The bureau also pledged that it would continue to supervise active collaboration between the concessionary company and the upstream natural gas supply company.