You are here

Secondary gas market to boost S'pore's LNG hub ambition

EMC and EMA gathering stakeholders to develop a trading platform, S Iswaran announced at Gas Summit Asia

Today, Singapore is Asia's leading oil pricing and trading hub and the No 1 bunkering hub in the world, which makes it a "natural partner" in the Asian LNG hub initiative.


SINGAPORE'S wholesale electricity market operator, Energy Market Company (EMC), and gas industry regulator, Energy Market Authority (EMA), are tying up with industry players to develop a trading platform to facilitate a secondary gas market here.

Currently, local buyers