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Infographic

Chinese gas exchanges see boost in activity

Volumes were up last week on the SHPGX and CQPGX as gas usually reserved for winter heating became available to be traded Volumes were up last week on the SHPGX and CQPGX as gas usually reserved for winter heating became available to be traded.
By Tang Tian 18 December 2019 Asia Pacific / LNG 0 34885

Pipeline gas transactions on the Shanghai Petroleum & Gas Exchange reached 1.7 billion cubic metres last week. Around 9.0 bcm of pipeline gas has been traded on the platform since the current heating season began on 15 November compared with 3.5 bcm for the same period in 2018.

Piped gas turnover on the Chongqing Petroleum & Gas Exchange reached 1.41 bcm last week, the highest level since the 1.62 bcm traded in the third week of December 2018. Sales since the start of the heating season...