State Council, Official Reply on Several Measures to Support the Open Development of the Entire Oil and Gas Industry Chain in the China (Zhejiang) Pilot Free Trade Zone

国务院关于支持中国（浙江）自由贸易试验区油气全产业链开放发展若干措施的批复

April 09, 2020 | BY

Susan Mok

China takes steps to promote international oil and gas trade

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Issued: March 26, 2020

Main contents: The Official Reply supports cooperation between the Free Trade Zone (FTZ) and domestic futures and spot trading platforms, such as the Shanghai Futures Exchange, in jointly developing spot commodities trading markets that mainly concentrate on oil products (Article 12).

It also supports the development of a liquefied natural gas (LNG) receiving center to provide security for the domestic natural gas supply (Article 4).

It