Asian natural gas collection bag

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With over 70 percent of global LNG consumed in Asia, and growth concentrated in this region, it adds a potentially lucrative business to the company's already profitable operations providing oil price assessments. Platts provides price assessments of spot LNG cargoes traded in Asia and analysts and traders estimate the vast majority of deals are priced using its benchmark. The Intercontinental Exchange, which operates financial and commodities markets, also provides a swaps contract for LNG that uses the Platts benchmark as the price for the underlying asset. More than 9, LNG lots were traded in January. Each lot is over 10, million British thermal units mmBtu.
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Asia's natural gas prices are rising. Now higher oil prices and tariffs could cause more pain

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Higher Asian prices, European gas stocks trigger LNG flow reshuffle | The Star Online

Platts SPGI. Platts provides price assessments of spot LNG cargoes traded in Asia and analysts and traders estimate the vast majority of deals are priced using its benchmark. N , which operates financial and commodities markets, also provides a swaps contract for LNG that uses the Platts benchmark as the price for the underlying asset. More than 9, LNG lots were traded in January. Each lot is over 10, million British thermal units mmBtu. O , which operates derivatives markets, has a similar arrangement, although only lots were traded in January on its platform. Early starter advantage - Platts started its JKM in — and the tie-up with ICE seems to have won Platts the race to be the main supplier of the price marker in Asia, creating critical liquidity that is crucial for any market to develop, according to several senior traders.
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Higher Asian prices, European gas stocks trigger LNG flow reshuffle

What would you do for simple gas to cook, or heat your home during the winter? Would you be willing to fill a giant bag full with natural gas and carry it into your home, at the risk of, well, exploding? Because that's what villagers in the Shandong Province of China are doing.
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Stocks will look next week to reclaim their record highs amid a slew of economic data while trade fears decrease. It was a softer August in the job market than anticipated. An exit to private equity could provide shelter for a company whose revenue growth has slowed in recent years and that has cycled through CEOs. In a patent application published this week, Google indicated it's looking into how artificial intelligence can be used to watch for abnormal behavior in babies.
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