Natural Gas Pricing Mechanism Reform and its Impacts on Future Energy Options in China
Natural gas is the cleanest fossil fuel. In recent years, its demand in China has been increasing at a rapid pace, but its pricing mechanism is still based on the planned economy system and is not keeping up pace with that of its consumption. Therefore, reforming the existing pricing system is of great significance. This paper first reviews the evolution of the pricing mechanism of natural gas in China, and then examines with model predictions the feasibility of a nationwide implementation of the reform programs currently carried out in Guangdong and Guangxi and its possible impacts. The results show that the reform can: (a) benefit Chinese natural gas producers and importers by increasing their profits, (b) increase the production of natural gas and accelerate the development of the industry, (c) reduce the use of natural gas in the chemical industry and optimize the energy consumption structure in China, (d) change the current energy portfolio in China and achieve the goal of sustainable development, and (e) help Chinese companies enhance their ability of adapting to high prices and promote their international competitiveness.
Has Petroleum Pricing Reform in China Achieved Its Objective? An Empirical Study
ABSTRACT China’s petroleum pricing reform has started since 1998 and is still ongoing. It has a profound impact on China’s oil market and even global oil market. We quantitatively evaluate the effectiveness of the reform on two key issues. Has the pricing reform strengthened the linkage between the international crude market and China’s petroleum products market? Has the pricing reform magnified shocks to the international crude market on China’s economy? Our results show that the reform has strengthened the relationship between China’s petroleum prices and international crude price without negative influence on China’s economy, but the effect of China’s petroleum prices on international crude price is still limited. Furthermore, the reform helps the Chinese government reduce oil subsidies.
Intentional poisoning cases of animals with anticholinesterase pesticide-carbofuran in Sri Lanka.
Carbofuran is a broad spectrum insecticide and nematicide which inhibits acetyl cholinesterase. Several intentional poisoning cases of animals and birds including crows, dogs, cow, and elephant, using carbofuran were reported in Sri Lanka. Qualitative analysis of carbofuran in biological specimens was carried out using T.L.C and GC-MS. The quantitative analysis was carried out by HPLC using Zorbax Eclips XDB-C18 (150 x 4.6 mm I.D x 5 microm particle size) column with acetonitrile: water 25:75 v/v mobile phase and UV detection at 210 nm. The liquid-liquid extraction with chloroform was reproducible and sensitive. The procedure was validated in terms of linearity (0.996<r<0.999) for concentrations ranging from 1 to 200 microg/ml, repeatability (RSD 4.4% at 100 microg/ml, n=10) extraction recovery (91.7% at 100 microg/g, 77.3% at 20 microg/g), limit of detection (S/N ratio=3, 0.7 microg/ml) and limit of quantification (S/N ratio=10, 2.4 microg/ml). The method was found satisfactory and successfully applied in fatal cases of animals and birds due to carbofuran poisoning. The fatal carbofuran levels detected were in the range of 42-910 microg/g in crow's gizzard and contents, 50-800 microg/g in dog's stomach contents, 13-20 microg/g in dog's liver, 0.9 microg/g in cow's stomach and contents, 35 microg/g in elephant's stomach and contents.