Singapore gunning to be LNG pricing hub
SGX sees challenging task ahead as it launches contracts for futures, swaps on Jan 25, vying with Tokyo, Shanghai
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Singapore
ALREADY considered one of the most important trading hubs for liquefied natural gas (LNG) in the world, Singapore in 2016 will look to entrench the position by aiming to become a pricing hub for the fuel.
This comes as the market faces a glut of supply as well as waning demand - set to change everything from how LNG is bought and sold to how it is priced.
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