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SGX clears world's first LNG futures in Dubai, Kuwait, India
Published Wed, Dec 13, 2017 · 09:50 PM
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Singapore
THE Singapore Exchange (SGX) has cleared the world's first futures contract for liquefied natural gas (LNG) delivered to Dubai, Kuwait and India.
A total of 100,000 million British Thermal Units (MMBtu) of February 2018 Futures were traded and cleared at a price of US$9.85 per MMBtu on Dec 8, the exchange said in a statement on Wednesday.
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