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ExxonMobil to start LNG equity trading in Singapore

Oil major is setting up new arm here to market LNG from its own projects; fresh roles to be created for personnel

Published Tue, Oct 13, 2015 · 09:50 PM

Singapore

EXXONMOBIL, one of Singapore's largest foreign manufacturing investors, is setting up a new organisation in the city-state to market liquefied natural gas (LNG) from its own projects.

New roles will be created for specialised LNG marketing and operations personnel, said the oil major, which added that it chose Singapore for this new arm because of its supportive business environment and strategic location.

ExxonMobil had previously established in Singapore a Papua New Guinea LNG marketing team and an LNG operations team …