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Energy projects given tax relief

2013-12-03 11:21 Global Times Web Editor: qindexing
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China has fine-tuned its tax preferential policy for natural gas imports, adding three gas import projects to the list, said a joint statement released by State agencies including Ministry of Finance Monday.

A pipeline pumping natural gas from Myanmar to China and bringing in imports of 10 billion cubic meters of natural gas per year was made eligible for the policy from July 1.

The other two projects that have enjoyed tax relief include a liquefied natural gas (LNG) project in Zhuhai, South China's Guangdong Province, and a LNG project in East China's Zhejiang Province.

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