LNG

GLX targets Atlantic as markets embrace spot LNG

Singapore’s Global LNG Exchange is opening an office in Europe to capitalise on growing demand for spot trading services in the Atlantic Basin Singapore’s Global LNG Exchange is opening an office in Europe to capitalise on growing demand for spot trading services in the Atlantic Basin.
By Sally Bogle 18 June 2018 0 31316
The Cameron LNG project in the US The Cameron LNG project in the US. (Sempra LNG)

Physical LNG trading platform the Global LNG Exchange (GLX) plans to open an office in Europe later this year to serve clients on either side of the Atlantic, where demand for spot trading services is growing.

A European outpost for GLX is a logical move given the emergence of the Henry Hub as the benchmark price for global spot LNG markets, rising US LNG exports and the fact that international energy companies are increasingly keen to embrace digital technologies in deal-making. 

The proportion of LNG delivered on...