LNG spot trading on a roll
Growth in “true” LNG spot trading is set to continue, with an emergent role for portfolio players and traders
Spot and short-term LNG recorded an impressive increase in occurred in 2018—rising from 27pc of global physical trade the previous year to 32pc. But that headline figure masks a trend of arguably much greater significance. The latest annual report from LNG importers' group GIIGNL shows that 'true' spot trading has been rising rapidly since 2016. And the signs are that this surge is set to continue for at least another couple of years as additional more flexible production capacity comes on stream, especially in the United States, and as long-term contracts expire. Not only is this rise a sign of growing liquidity in physical LNG trading—as the industry moves ever closer towards commoditisati
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