Recently, 1,000 tons of liquid carbon dioxide from the natural gas branch of Daqing Oilfield Co., Ltd. was successfully sold at an ideal price of 210 yuan per ton through the special bidding on the online trading platform of the Dalian Petroleum Exchange. The first online bidding transaction of liquid carbon dioxide. This transaction is another important move of the Dalian Free Trade Zone in exploring the reform and innovation of market allocation resources, and it has opened up a new model of liquid carbon dioxide trading in my country.

    Under the background of the national strategy of "carbon peaking and carbon neutrality", the potential value and role of carbon dioxide are gradually being discovered. Enterprises collect, purify and liquefy the waste carbon dioxide generated in the production process, and the obtained liquid carbon dioxide can be widely used It is used in various fields such as mechanical processing, chemical synthesis, oil exploration, etc., so that it can not only directly reduce the carbon emissions of enterprises, but also increase the income of enterprises by using the commercial value of carbon dioxide. In recent years, the demand for liquid carbon dioxide in my country has been increasing year by year. Dalian Free Trade Zone and Dalian Petroleum Exchange have seized the opportunity to innovate and introduce new types of liquid carbon dioxide trading based on online trading platforms, and transfer liquid carbon dioxide trading from traditional offline transactions to online transactions. Bid transaction.
    Compared with the traditional offline "face-to-face" negotiation transaction mode, the online "back-to-back" bidding transaction mode can better reflect the national unified big market principle of "efficient standardization, fair competition, and full openness", reducing the intermediate links in the transaction. It simplifies the transaction process, makes the commodity price close to the market value to the greatest extent, avoids the risk of "buying high and selling low" between the transaction parties, and truly reflects the decisive role of the market in resource allocation.

    In the next step, the Dalian Free Trade Zone will cooperate with the Dalian Petroleum Exchange to take advantage of the policy advantages of the free trade zone and start with the online trading of liquid carbon dioxide to give full play to Dalian's advantages in the petrochemical industry and port resources. Explore the establishment of a carbon asset and carbon emission index trading center in Northeast China to help achieve the national "double carbon" goal.

    Source: Dalian Petroleum Exchange, Investment Promotion Bureau
    Text: Su Qilong, Jia Biyuan, Wang Yi, Cui Zhibo