Shanghai centre eyes hotter role in winter supply
5 October 2016
Tianjin LNG terminal. SHPGX asked China’s gas giants to use the exchange over the winter demand season. (CNOOC)
The owner of China’s would-be primary gas trading hub has asked the country’s three state gas giants and distribution firms to make use of its platform over the coming winter demand season to help mitigate acute shortages.
The request by the Shanghai Petroleum and Gas Exchange (SHPGX) came during a meeting with the gas sales arms of the NOCs and distributors in late September. Officials from the National Development and Reform Commission (NDRC) and National Energy Administration also attended the meeting.
You must be a subscriber to read this content
Already a subscriber?
If you already have a subscription, sign in to continue reading this article.
Sign inNot a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.
Sign up