Pipeline transactions on SHPGX plunge 60%

Pipeline transactions on the Shanghai Petroleum and Natural Gas Exchange more than halved last week
By Tang Tian 15 March 2017

Pipeline transactions on the SHPGX more than halved last week, to 96.6 million cubic metres (MMcm), down from 246.0 MMcm the week before.

Pipeline gas transactions on the SHPGX

Date Transacted volume (cm) Average price (RMB/cm)
6 Mar 2,013,720 2.562
7 Mar 51,000 2.22
8 Mar 35,251,000 2.065
9 Mar 47,600,000 1.9975
10 Mar 11,700,000 1.902
Source: Sublime China Information

LNG sales climbed to 24,200 tons, up from 22,500 tons the previous week and 6,640 tons a year ago.

LNG transactions on the SHPGX

Date Transacted volume (tons) Average price (RMB/t) Seller
6 Mar 5,000 3,724 Zhuhai, Ningbo

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