Oil, gas & LNGMarkets & policy

Zhejiang LNG auction notice sets 21–23 October delivery window

Curated by valve.market · China
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IN BRIEF

Shanghai Petroleum and Natural Gas Exchange published notice No. 394 on 20 October for an LNG auction initiated by CNOOC Gas & Power’s Zhejiang branch.

Event: 20 Oct 2026Added: 2026.10.21Source language: Chinese
Stock industrial facility; not Zhejiang LNG terminal or the auction location.
Stock industrial facility; not Zhejiang LNG terminal or the auction location. Image: Buddy AN / Unsplash
Organizations中海石油气电集团有限责任公司浙江分公司
Location / scopeZhejiang
Announced stageAuction arrangement notice
01

The story explained

Shanghai Petroleum and Natural Gas Exchange published notice No. 394 on 20 October for an LNG auction initiated by CNOOC Gas & Power’s Zhejiang branch.

The announced auction window was 14:00–14:30 on 20 October, with delivery at Zhejiang LNG terminal from 21 to 23 October. This describes commodity delivery arrangements rather than terminal construction or expansion.

The notice’s main text does not provide final clearing prices or completed transaction volumes. The scheduled auction therefore should not be represented as confirmed sales, and it provides no evidence of new valve-equipment orders.

02
EDITORIAL INTERPRETATION

Why it matters

Short delivery windows help track terminal resource movements but do not substitute for price or actual throughput data.

Relevant toPlant owners, EPC contractors, valve and pump suppliers

03

What to watch next

Watch transaction disclosures and subsequent auction schedules before drawing supply-demand conclusions.

These are research prompts, not announced tenders or confirmed subsequent developments.

SOURCE & VERIFICATION

上海石油天然气交易中心

关于开展中海石油气电集团有限责任公司浙江分公司LNG竞价交易的公告

This is an independently written summary and analysis, not an official translation. Project plans and status may change.