NUS, Keppel and SLNG join forces to develop new energy-efficient cooling technology for data centres.
Singapore’s Pavilion Energy is looking to establish new markets in Europe and expand its business in Asia, in a bid to become a global LNG trader.
Vitol and ENH have announced the launch of ENH Energy Trading, a joint venture commodity trading company.
Asia will reportedly lead the global LNG regasification industry in capacity growth from newbuild projects by 2023, says GlobalData.
According to Reuters, low LNG spot prices are having little impact in Asian markets, while the European import market has seen a significant boost.
ExxonMobil Asia Pacific has signed a charter agreement with Singapore’s Sinanju Tankers Holdings Pte Ltd. for a two-year lease of Singapore’s first LNG-fuelled bunker tanker.
Singapore Exchange will soon be ceasing production and publication of its Sling spot price indices for LNG.