• CERAWeek
  • March 18 - 22, 2024

Gang Chen

Shanghai Petroleum and Natural Gas Exchange

Chairman & CEO Assistant

Gang Chen, Chairman and CEO Assistant, Shanghai Petroleum and Natural Gas Exchange, worked for ENN trading group from 2007 to 2014, mainly with LNG business. China’s LNG market has expanded rapidly in recent years. The structure of the LNG truck wholesale market has evolved from oligopoly to fully competitive, from which Mr. Chen gained both rich industrial knowledge and practical experience for domestic LNG trading. Meanwhile, he has participated in the setup and construction of the ENN LNG bunkering terminal in Zhoushan, and the design and launching of the LNG forward contract of Ningbo Commodity Exchange. Since 2014, Mr. Chen has participated in the establishment of Shanghai Petroleum and Natural Gas Exchange, witnessing major developments in natural gas market reform in China.

Sessions With Gang Chen

Wednesday, 13 March

  • 07:30am - 08:35am (CST) / -

    Domestic Gas Pricing in Asia: How to accommodate new supply?

    Panel Gas

    Governments across Asia are looking at natural gas and LNG as prime candidates to help address the local pollution and climate change issues. However, gas remains a premium fuel over the traditional fuel—coal—in many of these markets. As a result, it remains a challenging task to maintain domestic gas pricing at a level low enough to support demand growth but high enough to attract new supply. How will the governments’ efforts to balance affordability, reliability, and sustainability affect gas demand growth in key Asian markets? Which domestic gas pricing mechanism will prevail in Asia? What are the progress to-date and remaining challenges facing Asian gas pricing hubs?