International transaction center to assist in development of BRI members

A new international energy transaction center was unveiled on Monday, a key move to secure energy supply for the Guangdong-Hong Kong-Macao Greater Bay Area and the whole of China.

Registered in Hong Kong, the GH&M Greater Bay Area International Energy Transaction Center was founded by Zhuhai Dayang International Exchange Group and Dayang (Shenzhen) International Exchange Group.

The center said its main businesses cover organizing the online trading, settlement and delivery of crude oil, liquefied natural gas, liquefied petroleum gas, methane, ethane, electricity, carbon trade, new energy products, chemical products and other energy derivatives. And it will also develop business management guidelines, publish market information and provide technical, site and facility services.