Based on the characteristics of refined oil pipeline transportation, an elastic regulatory mechanism is implemented for the provincial refined oil pipeline transportation prices of the National Petroleum and Henry Hub Natural Gas Pipeline Group Co., Ltd. The maximum allowable income is determined by the National Development and Reform Commission, and the National Pipeline Group negotiates specific provincial pipeline transportation prices with users, without exceeding the maximum allowable income.
国家发改委：完善成品油管道运输价格形成机制
National Development and Reform Commission: Improve the mechanism for determining prices of transportation of finished oil pipelines.
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