LNG

SHPGX pipeline gas trading hits new high

Pipeline gas transactions on the SHPGX more than tripled in May from April to hit a 2018 high of 2.27 bcm Pipeline gas transactions on the SHPGX more than tripled in May from April to hit a 2018 high of 2.27 bcm.
By Tang Tian 6 June 2018 0 31170

Pipeline gas transactions on the Shanghai Petroleum and Gas Exchange (SHPGX) more than tripled in May from April to hit a 2018 high of 2.27 billion cubic metres. LNG sales on the SHPGX maintained momentum from April’s historic high, dipping to a second-highest total of 86,880 tons.

Transactions on the SHPGX

Date LNG trades (tons) Average price LNG (RMB/t) Pipeline trades (cm) Average price piped (RMB/cm)
1 May
2 May 980 3,467 148,379,500 2.0169
3 May 880 3,467 11,716,800 1.7925
4 May 1,320 3,467 7,184,500 1.8850
7 May 840 3,570 98,000,000 1.9000
8 May 6,760 3,565 44,455,900 1.9930
9 May 760 3,620 50,000,000 2.2800
10 May 54,760 3,580 39,000,000 2.1738
11 May 1,600 3,920 22,498,659 1.8783
14 May 760 3,920 145,738,950 1.9708
15 May 800 3,920 88,640,000 2.0486
16 May 800 3,920 8,396,725 1.9166
17 May 800 3,920 15,501,934 1.8550
18 May 1,500 3,920
21 May 800 3,920 246,790,000 1.9533
22 May 800 3,920 44,538,950 1.9854
23 May 7,720 3,980 325,000,000 1.9900
24 May 660 3,920 23,741,939 1.8628
25 May 1,880 3,920 13,060,193 1.7300
28 May 680 3,920 99,538,950 1.9854
29 May 580 3,920 166,320,740 2.2107
30 May 500 3,925 112,322,759 1.8580
31...