Citi Starts LNG Trading

摘要

Citigroup has taken its first steps into LNG trading by winning a tender for a spot cargo and starting an LNG trading desk in Singapore, Reuters reported Friday. "By developing its capabilities in this market, Citi is better positioned to help its clients more effectively manage their risks in the developing global natural gas market," Citigroup's co-head of global commodities Stu Staley was quoted as saying.