摘要
The Shanghai P;troleum anJNatural Gas Exchange （SHPGX）, a national-level trading center akin to the Shanghai Energy Exchange and Shanghai Gold Exchange, has started trading in Lujiazui, Shanghai. The center is a platform for spot trading of natural gas, unconventional gas, liquefied petroleum gas, petroleum and other energy products. It adopts a membership system, under which any domestic or foreign member dealer can trade commodities at a listed price or through bidding. Apart from being the first online trade platform for natural gas and shale gas, the SHPGX is also the first platform, which sees China＇s three oil and gas giants, China National Petroleum Corporation （CNPC）, the Sinopec Corp and the China National Offshore Oil Corporation （CNOOC）, operating on the same exchange. The trading center established an oil and gas trade and settlement platform as well as an online service system. Positioning itself as a gas trading hub for China, SHPGX also aims to develop into an Asia- Pacific oil and gas pricing and trading center in the future.
