Singapore LNG progress will boost spot LNG demand

SLNG’s deal with Pavilion Gas is another step forward for Singapore in its attempt to become an LNG trading hub SLNG’s deal with Pavilion Gas is another step forward for Singapore in its attempt to become an LNG trading hub.
By Catriona Scott 4 September 2017 0 27445
Singapore’s LNG terminal Singapore’s LNG terminal will have a capacity of 11 mpta when an expansion is completed. (Singapore LNG Corporation)

Directional impact on forecast:
Bullish for spot LNG prices

Singapore is making progress in its attempt to become an LNG trading hub, a move that will help increase the uptake of spot LNG in the Asia Pacific region and support spot prices.

Singapore LNG (SLNG) and Pavilion Gas have agreed a deal for Pavilion to use LNG storage and reload services in Singapore. The deal allows Pavilion access to the services over the next 24 months. This is anticipated to support spot LNG trading in...

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