The Application Of Regulation Theory In The Reform Of Chinese Natural Gas Industry

As one of the most potential future energy, natural gas will play an increasingly important role during the country's economic development. And the regulatory problem on the natural gas industry, a network-based public utility, would directly affect the efficiency of the allocation of natural gas resources. Therefore, this dissertation chooses the application of regulation theory in the reform of Chinese natural gas industry as object. It bases on the theoretical studies of regulatory theory applicable for the network-based public utility, and uses western developed countries'successful experiences of implementing regulatory reform on natural gas industry as references. For methodology, it adopts various methods as combining theory with practice, normative analysis with empirical analysis and a comparison way. From the overall level of Chinese natural gas industry, the dissertation finds out the most suitable theoretical model for Chinese natural gas industry from many optional regulatory methods, furthermore modifies the model based on the characteristic of Chinese natural gas industry. And it finally raises concrete suggestions and proposals for the regulatory reform of Chinese natural gas industry, as the following conclusions:Firstly, the regulatory reform of Chinese natural gas industry should stand on the whole industries'degree, grasps the different industrial organizational characteristics of it's three links as production, transmission and marketing, and operates them independently on their different economical attributes (strong or weak natural monopoly characteristics).Secondly, concerning the characteristics of Chinese natural gas industry, the most suitable regulatory system for the natural gas production link, which has a weak natural monopoly characteristic, is the mixed ownership system which allows private capital entering the market. And the most suitable regulatory way is amended franchise bidding model. The price control is gradually deregulated.