Platts receives first transparent LNG bid in Singapore

摘要

Singapore-S&P Global Platts received its first transparent LNG bid Wednesday on its Japan/ Korea Marker [JKM] Market-on-Close assessment process in Singapore, a milestone for an industry that has traditionally relied on opaque, oil-linked, long-term supply contracts. Swiss trading firm Trafigura Pte Ltd placed the first firm and transparent bid in the Platts MOC assessment process at $10.50/MMBtu for August 22-25 delivery.