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Release of international LNG trading business rules

/ Saturday, 29 October 2022 /

Recently, Shanghai oil and gas trading center issued the international LNG trading business rules to the main participants of domestic and foreign LNG markets.

The international LNG trading business of Shanghai oil and gas trading center has been put into trial operation on August 28. While complying with the relevant domestic management regulations, Shanghai oil and gas trading center has established an independent electronic trading system for international LNG trading and formulated independent business rules by focusing on the current international LNG trading mode and referring to the common practices of international exchanges.

The international LNG business rules are the basic system of the international LNG trading business of Shanghai oil and gas trading center. There are two versions in Chinese and English, including detailed rules for international LNG trading of Shanghai oil and gas trading center (Trial Implementation), administrative measures for international LNG trading members of Shanghai oil and gas trading Center (Trial), and international LNG Trading Association of Shanghai oil and gas trading center Discussion, Shanghai oil and gas trading center international LNG trading risk disclosure report, etc.

It is understood that Shanghai oil and gas trading center has carried out three roadshows on international LNG trading business online and offline simultaneously. Representatives of three major domestic oil companies, national pipeline network group and more than 20 international resource providers participated in the roadshow, and put forward constructive opinions and suggestions on the international LNG trading business of Shanghai oil and gas trading center.

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