Core Viewpoint - China National Offshore Oil Corporation (CNOOC) has launched the first liquefied natural gas (LNG) whole ship bidding trading service in China, aiming to enhance the sustainable and stable development of the industry in response to natural gas market reforms [1][2]. Group 1: Trading Service Launch - CNOOC's subsidiary, CNOOC Gas and Power Group, partnered with the Shanghai Petroleum and Natural Gas Trading Center to introduce this innovative trading model [1]. - The first auction took place on August 22, attracting over 10 domestic companies, with Newell (Tianjin) Energy Investment Co., Ltd. winning the bid for 65,000 tons, scheduled for delivery in September 2025 [1][2]. Group 2: Market Impact and Supply Assurance - The trading service is designed to meet domestic demand amid high international LNG prices, enhancing supply security before the winter season [2]. - CNOOC Gas and Power Group aims to fulfill social responsibilities by ensuring stable and reliable supply through effective resource scheduling and risk mitigation for customers [2]. Group 3: Future Plans and Market Development - The trading process involves public bidding through the trading center platform, which helps establish fair market prices reflecting supply and demand dynamics [2]. - CNOOC and the trading center are preparing for another auction scheduled for August 26, with an expected trading volume of 180,000 to 260,000 tons for October delivery [2]. - Future plans include optimizing pricing mechanisms and service processes to create a more open, efficient, and resilient natural gas market trading system in China [2].
我国首场LNG资源整船竞价交易顺利成交 助力国内天然气市场高质量发展
Xin Hua Cai Jing·2025-08-22 10:53