Asian gas market sparks into life
The prospect of a liquid spot LNG market among South-east Asian countries will boost a swaps market stuck in second gear since the first trade was completed in early 2011
When Singapore’s Jurong Island liquefied natural gas (LNG) regasification terminal comes online during the second quarter of 2013, it will join the Rayong Province terminal in Thailand as the second in a growing list of LNG storage terminals in South-east Asia. Indonesia and Malaysia announced plans earlier this year to build floating regasification and storage facilities, while Vietnam and the Philippines are also considering building their own units. These developments will help to create a
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