Reuters is reporting that the Singapore Exchange (SGX) will soon be ceasing production and publication of its Sling spot price indices for LNG.
Sling (SGX LNG Index Group) was developed jointly by EMC and SGX, and introduced towards the end of 2015. Sling formed a key part of a bid to develop Singapore as the main price hub for LNG in Asia.
Sling LNG indices will continue to be published up until 31 October, at which point they will be discontinued due to the low participation that has been recorded over the past few years.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/30072019/singapore-lng-price-hub-hopes-dwindle/