BEIJING, Dec. 29 (Xinhua) – The total volume of natural gas traded through Shanghai Petroleum and Gas Exchange (SHPGX) amounted to 60.455 billion cubic meters as of the closing on Friday, reported the Xinhua-run Shanghai Securities News.
Among it, the total transaction volume of Pressurized Natural Gas (PNG) reached 55.541 cubic meters, while that of Liquefied Natural Gas (LNG) hit 3.329 million metric tons (tonnes).
Besides, the members registered in the exchange keeps a rapid growth, with the number of corporate members reaching 2,242 as of the end of 2018, up 40 percent over the same period last year.
In terms of regions, PNG transactions were mainly concentrated in east and north China, while LNG transactions were mainly concentrated in east and south China.
This is the second year since the official open of the exchange. Apart from the above outcomes, it also launched new modes such as pre-sale transaction of natural gas and one-stop transaction of imported LNG, in a bid to foster the price reform as well as the construction of the production, supply, storage and marketing system concerning natural gas.
Next, SHPGX will focus on serving the national energy strategy, the market-oriented energy reform, the real economy and people's livelihood, actively turning policy advantages, shareholder advantages and location advantages into development, competition and innovation advantages, so as to build a world-class energy trading platform, according to an insider with the Exchange. (Edited by Gu Shanshan)
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