China has completed the first imported liquefied natural gas procurement transaction with the first single settlement, and imports about 65,000 tons of liquefied natural gas by RMB settlement.
According to Xinhua News Agency, this transaction was reached by China Oil and Daidal Energy on Tuesday (March 28) at the Shanghai Petroleum and Natural Gas Trading Center.The import transaction volume of RMB settled is about 65,000 tons.
Yu Jin, deputy general manager of China Sea Oil, said that promoting the settlement of international liquefied natural gas to settle in RMB is the beneficial practice of China Oil on promoting global development of energy trade and creating liquefied natural gas transactions.Essence
Chen Guozhong, chief economist of the Shanghai Development and Reform Commission, also said that the settlement of international liquefied natural gas trade RMB settlement is conducive to promoting the connection between the international market and the Chinese market and the efficient cycle of resources at home and abroad.
Guo Xu, chairman of the Shanghai Petroleum and Natural Gas Trading Center, said that China, as one of the important buyers in the global liquefied natural gas market, has continued to expand in the scale of transaction infrastructure and increasing international trade participants.He said that the Shanghai Petroleum and Natural Gas Trading Center will continue to play a platform role, strengthen the construction of financial infrastructure for cross -border RMB settlement business, and build a modern oil -gas transaction ecosystem.
According to data from the General Administration of Customs of China, China ’s imported crude oil in 2022 exceeded 500 million tons, and imported natural gas exceeded 100 million tons, of which the import volume of liquefied natural gas was 63.44 million tons.It is reported that with the increase in the acceptance of the RMB in the international market, the conditions for the use of renminbi settlement have become increasingly mature.
