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Taiwan passes draft amendments to the Natural Gas Business Act

Taiwan is reviewing draft amendments to the Natural Gas Business Act, aimed at empowering the energy regulatory authority to review natural gas prices and basic fees on a periodic basis. Revisions to the act are summarized as follows:

• Public natural gas utilities should satisfy the demands of households, commercial enterprises and service enterprises before supplying natural gas to other sectors. (Clarification on Article 33)

• The regulatory authority may review natural gas prices and basic fees on a periodic basis, with assistance from the review committee mentioned in the second paragraph of Article 32. (Addition to Article 34)

• For greater flexibility and effectiveness, the regulatory authority may commission professional agencies to help conduct business inspections. (Addition to Article 52)

• In all penalty provisions, the phrase "may be consecutively penalized each time" should be reworded as "may be penalized each time." (Legal style change to Articles 58 to 63)