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Real inquiries, deals and contracts serve corporate-KYC clients. Register a corporate account to trade here.

Corporate Sign-up
2
LNG + LPG Lines
5
Pricing Benchmarks
6
Storage & Delivery Nodes
1
HK Offshore Hub

What is Natural Gas Trade

Natural gas (LNG / LPG) is the fastest-growing commodity in global energy trade: LNG links continents via liquefaction, shipping and regasification, while LPG serves both household fuel and petrochemical feedstock (PDH). SNSUC organizes LNG term surpluses and spot cargoes plus LPG import and transshipment flows, settling through coastal terminal windows, bonded tank farms and our Hong Kong offshore presence — strictly within licensed and compliant categories.

Global Benchmarks · Three Demand Centers

Benchmarks: NE Asia LNG DES / European TTF from the World Bank Pink Sheet (official monthly, ~1 month lag); Henry Hub is NYMEX front-month live (delayed).

Global Chokepoints · Daily Tanker & LNG Transits

Lifeline monitoring for gas shipping: transit counts across Hormuz (Middle East LNG exports), Malacca (NE Asia imports), Panama (US Gulf LNG to Asia) and Suez, plus calls at the Fujairah STS anchorage. Counts are AIS-visible vessels, not trade volume.

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Live Quotes · Natural Gas & LPG

US Natural Gas · Henry Hub LIVE
$3.388/MMBtu
↑0.50%
LPG Futures · DCE LIVE
¥7,736/吨
↑0.08%
NE Asia LNG DES · Japan Monthly
$14.25/MMBtu
↓6.68%
European Gas · TTF Monthly
$25.42/MMBtu
↑20.42%
USD/CNY FX
6.6508
Last updated: Updated 2026-11-02 11:18
Gas-to-Oil Ratio · Switching Economics
Brent (heat basis)$20.14/MMBtu
vs
Henry Hub$3.388/MMBtu
5.94×gas at 83% discount to oil

Ratio = Brent $/bbl ÷ 5.8 MMBtu/bbl ÷ Henry Hub $/MMBtu — the heat-equivalent discount of gas to oil, a core input for fuel-switching and procurement strategy.

Reference Price Board · Auditable Formulas INDICATIVE

Product / SpecReferenceBasis & FormulaBasis
LNG · DES Northeast Asia
LNG spot DES, excl. VAT
¥4,928/吨
World Bank Pink Sheet "LNG, Japan" monthly 2026M09
$14.25/MMBtu × 6.6508 × 52 MMBtu/t
Monthly
LNG · DES Europe (TTF)
LNG DES Europe, excl. VAT
¥8,791/吨
World Bank Pink Sheet "Natural gas, Europe" monthly 2026M09
$25.42/MMBtu × 6.6508 × 52 MMBtu/t
Monthly
LNG · US Gulf feedstock value
HH futures heat value; excl. liquefaction & shipping
¥1,172/吨
NYMEX Henry Hub front month (Sina Finance, live)
$3.388/MMBtu × 6.6508 × 52 MMBtu/t
LIVE
LPG · Propane DCE delivery basis
DCE LPG front month, VAT-incl. delivery basis
¥7,736/吨
DCE LPG futures front month (Sina Finance, live)
期货主力连续现价(¥/吨,不换算)
LIVE
⚠ Reference listings are INDICATIVE prices derived from public benchmarks — not firm offers, not contract pricing bases, and never written into the platform listing pool. Heat conversion: 1 t LNG ≈ 52 MMBtu. Trades are quoted and contracted separately.

Sources: NYMEX Henry Hub & DCE LPG front-month futures via Sina Finance (delayed, live); NE Asia LNG / European TTF / Brent monthly from the World Bank Pink Sheet (official, ~1 month lag); FX shared with site-wide quotes. Reference listings are INDICATIVE prices derived from public benchmarks — not firm offers; trades are contracted separately.

Natural Gas Listings ● LIVE

⚡

Natural gas listing window is open

No LNG / LPG listings are live in the market hall right now. KYC-verified corporate members can publish natural gas listings (LNG, LPG, propane, butane) or file sourcing requests for our trade desk to match.

Three Trade Modes

Imports

Term & Spot Imports

LNG term surpluses and spot cargoes landed via coastal terminal windows for regasification and trucked distribution; LPG imported through bonded tank farms. SNSUC organizes cargo and windows as trader — unloading and storage executed by licensed operators.

Transshipment

Transshipment

LNG / LPG settled at third locations without entering Chinese customs: NE Asia DES resales, ship-to-ship transfers at hubs like Singapore and Fujairah, and second-vessel resales within Southeast Asia.

Offshore

Offshore

Cargo bought and sold overseas without touching Chinese ports, settled against bills of lading and title documents (FOB / DES switches). Matched via our Hong Kong offshore presence and global supplier network.

Covered Categories

LNG 液化天然气(LNG)
LPG 液化石油气(LPG)
Propane 丙烷
Butane 丁烷
Propane-Butane Mix 丙丁烷混合
+ More Gas & Petrochemical Feedstocks

Terminals & Storage Network

Unloading and delivery are executed through window cooperation with coastal LNG terminal operators, bonded tank farms and storage partners; SNSUC organizes cargo and trade, and does not hold terminal equity.

Bohai Rim Terminals环渤海接收站走廊
Yangtze Delta Terminals长三角接收站走廊
Southeast Coast Terminals东南沿海接收站走廊
Beibu Gulf Storage环北部湾储运走廊
DCE LPG Delivery Region大商所 LPG 交割库域
Hong Kong (Offshore)香港(离岸)

Trade Flow

1
Cargo & Window Match
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2
Contract
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3
Terminal / Transship / Offshore
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4
On-chain Attestation
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5
Settlement