Towngas discusses single-digit gas fee increase with Hong Kong government amid declining first-quarter gas sales.
The Hong Kong and China Gas Company (Towngas) is discussing a single-digit gas fee increase with the government, as the tariff hasn't been adjusted in two years. A 2% decrease in Hong Kong's first-quarter gas sales volume resulted from warmer weather and travelers going north. However, Towngas anticipates increased gas sales volume due to the recovery of the aviation industry for industry and commerce.
June 04, 2024
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