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Commodities Briefing - Categorized | Market Moves, Trading more

Commodity traders wake up to LNG market

Posted on 25 November 2013

Commodity traders dream of creating markets that did not exist before, and for some of the world’s largest energy companies and trading houses, liquefied natural gas looks to promise exactly that. For decades the market for LNG – gas supercooled into liquid form so that it can be shipped – was a closed shop.
Needing sufficient revenues to cover the huge upfront cost of developing projects, producers tied customers into long-term contracts, while the pool of buyers was small………………………………………..Full Article: Source


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VRS - who has written 37015 posts on Opalesque Commodities Briefing.


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