Vibrant sector sees GasHub opt for Singapore instead of Australia listing
Gas piping firm hopes to start cylinder LNG and electricity business in city-state
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GASHUB, which is pulling its reverse takeover plans in Australia for a listing on the Singapore Exchange (SGX), has big plans for the city-state this year. The Singapore gas piping firm plans to start selling liquefied natural gas (LNG) to industrial users in small cylinders, and will also enter the electricity retail market.
In what will mark a first in Singapore, GasHub will be setting up an LNG refuelling site in the west in June, using equipment bought from Chinese firm Chengdu Huaqi Houpu Holding Co (Houpu).
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