Core Points - The Shandong Provincial Development and Reform Commission has issued the "Shandong Natural Gas Pipeline Transportation Price Management Measures," transitioning the pricing management from fixed standards to a mechanism-based approach to promote high-quality development in the industry [1][2] - The new pricing management will implement a maximum price limit for natural gas pipeline transportation, with three pricing models based on different pipeline types: "same network same price" for provincial main pipelines, "same enterprise same price" for inter-city pipelines, and "same city same price" for intra-city pipelines [1][2] Pricing Model Changes - Previously, the pricing model for natural gas pipeline transportation was based on "one line one price" or "one enterprise one price," but the new measures introduce a standardized pricing approach for provincial main pipelines and adjust the pricing model for intra-city pipelines [2] - Cities will select representative enterprises based on load rates and gas transmission volumes to determine local benchmark prices, with participating enterprises adhering to these benchmark prices while non-participating enterprises will have their prices calculated based on specific rules [2] - Cities with similar benchmark price levels will be grouped into the same pricing zone, and both inter-city and intra-city pipelines within that zone will follow the benchmark pricing policy [2] Transitional Measures - For existing pipeline operating enterprises that experience significant price adjustments under the benchmark pricing policy, a reasonable transition period will be established, not exceeding one regulatory cycle (3 years) [2] - The pricing method will be based on "permitted costs + reasonable returns," determining the maximum allowable income by assessing permitted costs, regulatory permitted returns, and tax factors [2]