The International Energy Agency (IEA) says the emergence of a trading hub for liquefied natural gas (LNG) could significantly lower price and that would help companies that use it as a source of power.
And Singapore may soon be able to add another spoke to its “hub” status.
The IEA says Singapore is the most natural location to be the regional LNG hub.
Already an important centre for global oil trading, the Republic is being eyed as the next hub for LNG.
Click here to read the full story.
