SGX unveils LNG price index
This is aimed at achieving greater transparency in physical spot trading of LNG in Asia
Singapore
THE Singapore Exchange (SGX) has unveiled its price index for liquefied natural gas (LNG), in a move aimed at achieving greater transparency in physical spot trading of LNG in Asia.
The index is called the FOB (free on board) Singapore SLInG (short for SGX LNG Index Group), with FOB Singapore referring to cargo in the vicinity of Singapore.
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