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《Atural Gas Industry》 1990-01
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To Quicken the Development of Oil and Gas Industry,the Law of ValueMust Be Followed

Luo Weiqiang,Lin Yi  
Applying the law of value and in the light of China′s oil and gas industry, the drawbacks of current oil and gas price system are analyzed in this paper. It is proposed to consider the character-istics of oil and gas production, to rationally readjust the price based on the value, to lead into market mechanism and to reduce or remit taxation so as to resolve lack of the fund and to realize a good circle of fund-reserve-production-fund to develop oil and gas industry.
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