Core Viewpoint - The successful completion of the first online bidding transaction for LNG transportation in North China marks a significant milestone in the digital and market-oriented transformation of the LNG transportation market in the region [1][2]. Group 1: Transaction Overview - The online bidding transaction was conducted by China National Offshore Oil Corporation Gas and Power Group's North China branch in collaboration with the Shanghai Petroleum and Natural Gas Trading Center, covering nearly 100 gas stations across Beijing, Tianjin, Hebei, Shanxi, and Shandong [1]. - The transaction involved 181 segments, all of which were successfully completed, making it the largest single capacity transaction in terms of coverage and number of segments in the trading center's history [1]. Group 2: Market Mechanism and Efficiency - The introduction of the online bidding model addressed the issues of tight capacity resources and information asymmetry in the LNG transportation sector, which had previously hindered the development of terminal stations [2]. - The bidding process attracted over 40 certified carriers, with a total of nearly 100,000 tons of transportation volume completed through 2,200 rounds of bidding over two and a half days [2]. Group 3: Digital Transformation and Industry Impact - The successful implementation of this online bidding transaction represents a key step in the digital transformation strategy of the China National Offshore Oil Corporation Gas and Power Group, enhancing the efficiency of the LNG transportation management process [3]. - The market-oriented approach led to a noticeable decrease in transportation rates, benefiting both end-users and carriers by providing stable and reliable LNG transportation services while improving vehicle efficiency [3]. - This transaction lays a solid foundation for a more standardized, efficient, and transparent LNG transportation market in North China, signaling the acceleration of digital transactions in China's LNG logistics sector [3].