Buying and selling on the up
Increased spot and short-term LNG trading and sharp price moves have encouraged the global growth of derivatives trading and hub activity
Price reporting services over the past year have witnessed increased interest in the use of indices to price liquefied natural gas in the Asia-Pacific region, which dominates world LNG consumption. S&P Platts says swap volumes linked to its Japan Korea Marker (JKM) price index continue to rise. It recently reported that the volume of LNG swaps cleared on the Intercontinental and Chicago Mercantile Exchanges hit a new monthly record in April, at 17,181 lots, up 57% from 10,830 lots in March. JKM swap-trading volumes quadrupled in 2017 from 2016. Market participants hesitate to conclude from rising derivatives volumes that the Asia-Pacific financial LNG market is ready to stand unaided, no
Also in this section
1 April 2025
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
1 April 2025
Strong economic growth targets are encouraging for the country’s energy demand growth, even if meeting those goals might be a tall order
28 March 2025
The Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back
28 March 2025
MCEDD 2025 took place in Madrid this week with record attendance and a wide-ranging programme, reflecting the deepwater sector’s renewed momentum, strategic focus and accelerating technological innovation.
