LNG tank operation will make up for the gap between supply and demand

According to the news released by Shanghai Petroleum and Natural Gas Trading Center, Wang Qi, assistant general manager of Shanghai Junzheng Logistics Co., Ltd. (hereinafter referred to as "Junzheng Logistics") and general manager of Shanghai Junzheng Collector Gas Co., Ltd., visited Shanghai Petroleum and Natural Gas Trading Center recently, and both sides discussed LNG tank and other related businesses. Communication. In recent years, China's natural gas consumption has maintained rapid growth, and its dependence on the outside world has increased year by year. According to the General Administration of Customs, in 2018, China's natural gas imports amounted to 113 billion cubic meters, an increase of 31.9% compared with 85.7 billion cubic meters in 2017, and its external dependence on natural gas reached 43.4%. Among them, LNG accounts for 59.5% of natural gas imports.

In this regard, Zhuozhuang Information Analyst Chen Zhaojuan said that with the increasing consumption of natural gas in recent years, domestic gas has been far from meeting the gap between supply and demand of natural gas in China, under this situation, a new tool for natural gas interconnection - "LNG tank container" also emerged. Junzheng Logistics is currently the largest LNG tank owner in China, with a market share of more than 50%. It is also the first domestic company to import LNG through LNG tank. It realizes the import trade of LNG by innovative means of transportation.

Wang Qi said that LNG tank has the characteristics of integrated storage and transportation, which can play an effective complementary role in peak shaving reserve. The yard is the key link in LNG tank supply chain. If relevant regulations can be promulgated as soon as possible, it will greatly accelerate the healthy development of the industry. As a state-level energy trading center, Shanghai Petroleum and Natural Gas Trading Center has many advantages, such as policy, shareholders, etc. Based on this, Junzheng Logistics is actively seeking cooperation opportunities with the trading center to achieve complementary advantages.

In June this year, the State Development and Reform Commission issued the Notice on Completing the Summer Work of Energy Peak in 2019, which also proposed that in areas that have not yet reached the goal of gas storage tasks, it is necessary to increase standby LNG tanks, lease gas storage capacity and sign interruptible users in advance to fulfill gas storage responsibilities. Short plates with insufficient gas storage capacity. Under this background, Chen Gang, assistant general manager of Shanghai Petroleum and Natural Gas Trading Center, also indicated that the first time the National Development and Reform Commission made it clear in the form of documents that LNG tanks could be used as peak-shaving facilities for gas storage and included in the approved scope of gas storage capacity, which would bring good development opportunities for the industry. Shanghai Petroleum and Natural Gas Trading Center is willing to strengthen exchanges and cooperation with Junzheng Logistics, work together to solve the bottleneck of LNG tank development, actively promote China's natural gas market-oriented reform, and contribute to ensuring China's energy security. According to Chen Zhaojuan's analysis, LNG tank container is a supplement to the incremental demand for natural gas and has a strong peak shaving reserve capacity. As a state-level energy trading center and Junzheng Logistics, Shanghai Petroleum and Natural Gas Trading Center seeks cooperation opportunities to complement each other's strengths and jointly develop new natural gas markets. The operation of LNG tank will further fill the gap between supply and demand of natural gas in China, make our gas more secure, and thus guarantee the supply security of our natural gas consumption market.