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...