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2020
The global oil and gas trade in transition

The first China International Oil and Gas Trade Conference was successfully held in Shanghai on 15 November 2012. The conference is sponsored by Trade Development Bureau of the Ministry of Commerce of China (MOFCOM), supported by MOFCOM and Shanghai Municipal People’s Government, and co-organized by leading Chinese petroleum companies and industrial associations.More than 200 representatives from oil and gas corporations, as well as financial, maritime transportation, and consulting institutions in 26 countries attended the conference.。

With the theme—the global oil and gas trade in transition, China’s Minister of Commerce Chen Deming sent a message of congratulation to the conference. Vice Minister of Commerce Zhong Shan attended the event , Vice Mayor of Shanghai made a welcome address. Mr.Yu Baocai, Vice President of China National Petroleum Corporation, Mr. Cai Xiyou, Cai Xiyou, Sinopec, Mr. Ma Zehua, President of China Ocean Shipping (Group) Company, Mr. Gary Ross, CEO of PIRA Energy Group,Mr. Giovanni Serio, Head of Market Analysis of BP Singapore PTE Limited and Mr.Gao Shixian, Assistant Director General of Energy Research Institute of the National Development and Reform Commission of China respectively made excellent presentations on China’s oil and gas industry, green and low-carbon development of petrochemical industry, global oil market, oil transportation market, and the Chinese economy in relation to oil supply and demand.

Focusing on the theme—the global oil and gas trade in transition, representatives from multinational and national oil companies, oil trading firms, financial, transportation and insurance businesses, famous energy research institutes and consulting agencies made presentations on China’s oil and gas industry, green and low-carbon development of petrochemical industry, global oil market, oil transportation market, and the Chinese economy in relation to oil supply and demand. They put forward visionary insights when they explored the subjects of “international oil trade in transition” and “development of international natural gas market and its impact on the energy structure in the future”. This meeting has made important contribution to exchanges and development in this industry. Representatives from multinational and national oil companies, oil trading firms, financial, transportation and insurance businesses, famous energy research institutes and consulting agencies  put forward visionary insights when they explored the subjects of “international oil trade in transition” and “development of international natural gas market and its impact on the energy structure in the future”.

The 1st CIOGTC is the primary high-level meeting on oil and gas trade in China, which has achieved satisfactory effects and has obtained widespread attention by the industry and the public from all sets of society and. The 1st CIOGTC has made important contribution to exchanges and development in this industry and has set up a real influential platform for win-win exchanges and cooperation in the industry.


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