BEIJING: * China's State Council, the Cabinet, said the government is considering to extend subsidies for unconventional natural gas productions, and will push the gasification drive in a measured manner in accordance with demand* Says domestic natural gas output to top 200 billion cubic metres by end of 2020. The target level will be about 36 percent higher than the output rate in 2017
* Without giving further details, the Cabinet said it will consider extending subsidies for unconventional gas between 2021 and 2025, and the subsidies will also cover tight gas
* It said it will also consider value-added tax rebates on LNG imports and grant subsidies for gas storage beyond state-set targets