{"id":610477,"date":"2026-08-31T20:04:18","date_gmt":"2026-08-31T20:04:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/610477\/"},"modified":"2026-08-31T20:04:18","modified_gmt":"2026-08-31T20:04:18","slug":"natural-gas-prices-to-consumers-industry-to-remain-unchanged","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/610477\/","title":{"rendered":"Natural gas prices to consumers, industry to remain unchanged"},"content":{"rendered":"<p>State-owned oil supplier CPC  Corp., Taiwan, said yesterday that it  will keep natural gas prices for domestic and  industrial users unchanged in September but will increase  them by 5.83 percent for companies that generate  electricity. <\/p>\n<p>In a statement, CPC said liquefied natural gas (LNG)  prices have been on the rise because of uncertainty over  supply amid stalled negotiations between the United States  and Iran and a push by European countries to build up LNG  inventories before winter.<\/p>\n<p>Although natural gas should increase based on the  government\u2019s standardized pricing formula, CPC said it  would keep prices for domestic users unchanged in line with  government policies to stabilize consumer prices.<\/p>\n<p>                        <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/08\/p02-260901-oil.jpg\" width=\"100%\"\/><\/p>\n<p>Photo courtesy of CPC Corp, Taiwan <\/p>\n<p>For industrial users, CPC said it would absorb the  additional costs after taking into account consumer prices,  overall economic conditions and the need to ease cost  pressures on businesses.<\/p>\n<p>It has absorbed NT$140 billion (US$4.42 billion) in  losses on sales to the industrial sector since 2021, it said.<\/p>\n<p>Natural gas prices for the electricity sector, however, will  be increased by 5.83 percent to better reflect higher LNG  costs, CPC said.<\/p>\n<p>Whether that will translate into higher electricity costs is  uncertain, especially given that state-run utility Taiwan  Power Co. has also tended to absorb increases in the price of  its inputs to keep power costs down for end users.<\/p>\n<p>CPC said it will continue to monitor global LNG prices  and review its pricing policy in line with government  policy.<\/p>\n","protected":false},"excerpt":{"rendered":"State-owned oil supplier CPC Corp., Taiwan, said yesterday that it will keep natural gas prices for domestic and&hellip;\n","protected":false},"author":2,"featured_media":610478,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60,9889,9888],"class_list":["post-610477","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland","tag-the-taipei-times","tag-9888"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/610477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=610477"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/610477\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/610478"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=610477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=610477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=610477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}