Singapore sees LNG price indices expanding
Pushing the development of regional Asian LNG trade, Singapore is encouraging local price discovery
Singapore's dominant supplier of physical cargoes is UK producer BG, whose CEO Helge Lund told Gastech in late October that the market was becoming freer all the time, and would become even more efficient when companies learned to collaborate. For example, he described the two adjacent projects of Gladstone LNG and Queensland LNG - both planned before Lund joined BG - as a steelmaker's dream owing to the redundancy. But on the water at least things are moving in the right direction. "Despite constraints, the cargoes have ended up where they are needed," he said. That was despite the fact that LNG is not yet a globally liquid market, with only 40 million metric tons of the total 240m mt/yr tr
Also in this section
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya
22 April 2026
Sustained strikes on ports, terminals and refineries are testing the resilience of Russia’s oil export system, yet rapid repairs, rerouting and surging prices mean the campaign has yet to deliver a decisive blow
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
