Natural gas trading platform formally run

According to the previous approval of the Shanghai municipal government, Shanghai Petroleum and Natural Gas Trading Center is a trading platform established under the strategic cooperation agreement between NDRC and Xinhua News Agency. According to the positioning, Shanghai Oil and Gas Exchange Center is a commodity spot trading market, different from the futures market. The transaction center to accept the work of the National Development and Reform Commission, the National Energy Board and the spot market trading department management guidance and supervision. Designed to compete for pricing discourse It is understood that the trading center registered capital of 1 billion yuan, designed to corporate units, in accordance with the relevant laws, regulations and policies, to carry out natural gas, unconventional natural gas, liquefied petroleum gas, oil and other energy spot transactions, to provide relevant Trading services, operating by the relevant state departments or municipal government approved the other business. The transaction center to accept the work of the National Development and Reform Commission, the National Energy Board and the spot market trading department management guidance and supervision. Zhuzi Chong information analyst Wang Zimeng pointed out that the reason why the trading center chose Shanghai is because Shanghai has the most mature and influential financial trading system in China with a large variety of exchanges. In addition, Shanghai is one of the starting points for China's oil and gas pipelines and one of the starting points for the import of LNG into the country. With its unique advantages in oil and gas pipelines and the advantages of receiving oil and LNG storage facilities, Shanghai is China's oil and natural gas consumer center. Better oil and gas market base. In addition, the reporter learned from Zhuo record information, the center will be built in the future oil and gas trading, settlement, settlement platform and network service system, and eventually developed into the Asia-Pacific oil and gas trading and pricing center. Marketization further The establishment of natural gas trading platform for promoting the marketization of natural gas in China has a very positive significance. As we all know, China's current natural gas trading market is not mature, some of the price is controlled, the price is difficult to fully reflect the changes in supply and demand situation. Wangzi Meng introduced that the establishment of natural gas trading center for the entire industrial chain are good, the upstream producers can trade according to the price of the appropriate arrangements for production, reasonable control of production capacity, dealers and end-users can refer to the price, For the most cost-effective procurement. The current natural gas trading market in China is immature. The natural gas trading contract and the gas supply conditions lack flexibility. Some of the prices are also regulated and it is difficult to adapt to changes in the natural gas supply and demand situation caused by changes in resources, markets and seasons. Building a natural gas trading center can help solve this problem. Establishing natural gas trading centers is good for gas producers, distributors and end-users alike. For manufacturers, the price formed by the trading center directly reflects the actual supply and demand, according to which production can be arranged to ensure supply while rationalizing production capacity. For dealers and end users, you can purchase at a lower price, to get more revenue. At the same time, the natural gas trading center can meet the needs of users with high price affordability and high added value of products, and promote the optimal allocation of resources. It is true that there is still a long way to go for China's natural gas market to truly marketization, including the participation of multiple market players, complete laws and regulations, sound infrastructure, and effective supervision. However, the establishment of natural gas trading center is undoubtedly one of the important steps in making natural gas market has a preliminary environment for the future development of the necessary groundwork. 【Print】 【Close】