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WEDNESDAY, DECEMBER 16, 1992
ONLY IF IT WAS EVIDENT THAT A MONOPOLISTIC SITUATION EXISTED IN THE SUPPLY OF FUEL GAS WOULD THE GOVERNMENT CONSIDER WHETHER SOME FORM OF REGULATION OR SCHEME OF CONTROL WAS NECESSARY, SHE SAID.
MRS CHAN SAID NO COMPANY HAD A MONOPOLY ON FUEL GAS SUPPLY HONG KONG.
ALTHOUGH THE HONG KONG AND CHINA GAS COMPANY IS SUPPLIER OF TOWN GAS AND SYNTHETIC NATURAL GAS (SNG), PETROLEUM GAS (LPG), SUPPLIED BY A NUMBER OF OIL COMPANIES, AN ALTERNATIVE CHOICE OF FUEL GAS, SHE ADDED.
NOTING THAT BOTH TYPES HAD RESPECTABLE MARKET SHARES, THE OIL COMPANIES HAD A 53 PER CENT SHARE OF THE MARKET IN NUMBER OF CUSTOMERS.
IN
THE SOLE LIQUEFIED PROVIDES
SAID
SHE TERMS OF
BUT IN TERMS OF SALES OF GAS ENERGY, THE MARKET SHARES OF ON THE ONE HAND AND TOWN GAS AND SNG ON THE OTHER ARE ROUGHLY IN REGION OF 40:60.
LPG THE
THERE ARE ABOUT 1.78 MILLION FUEL GAS CUSTOMERS, OF WHICH ABOUT 829,000 OR 47 PER CENT USE PIPED TOWN GAS OR SNG, 342,000 OR 19 PER CENT USE PIPED LPG AND 609,000 OR 34 PER CENT USE LPG IN CYLINDERS.
THE HONG KONG AND CHINA GAS COMPANY'S POLICY CHARGES IS NOT SUBJECT TO MONITORING BY THE GOVERNMENT.
+
IN DETERMINING
WITH EFFECT FROM JANUARY 1 THE FIXED MONTHLY SERVICE CHARGE WILL BE $7 PER MONTH PER CUSTOMER AND THE BASIC TARIFF WILL RANGE FROM 15.05 CENTS TO 16.2 CENTS PER MEGAJOULE DEPENDING ON CONSUMPTION.
U
—
FURTHER
EFFICIENCY IN
PLANS IN HAND TO KEEP MA WAN CHANNEL SAFE
* *
MEASURES TO ENSURE CONTINUING NAVIGATIONAL SAFETY AND THE USE OF THE MA WAN CHANNEL WILL BE IMPLEMENTED IN PHASES AS TRAFFIC BUILDS UP.
THIS WAS STATED TODAY (WEDNESDAY) BY THE SECRETARY FOR ECONOMIC SERVICES, MRS ANSON CHAN, IN A WRITTEN REPLY ΤΟ A QUESTION BY THE HON HOWARD YOUNG IN THE LEGISLATIVE COUNCIL.
SHE SAID THE FIRST PHASE WAS INTENDED TO BEGIN SUBJECT TO AVAILABILITY OF FUNDS.
IN 1993/94
THIS PHASE INCLUDES :
*
ESTABLISHING AN IMMIGRATION ANCHORAGE OFF TUEN MUN SO THAT SMAL). CRAFT DESTINED FOR WEST OF THE CHANNEL WILL NOT NERD ΤΟ HE CLEARED AT THE WESTERN IMMIGRATION ANCHORAGE AS PRESENT;
AT
/* ESTABLISHING A
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