Why LNG doesn't trade like oil

The oil trade and liquefied natural gas trade are quite different when compared. Oil is a global commodity, while LNG is largely still a regional industry. Oil dominates the oil industry, and oil futures trading is extensive, whereas liquefied natural gas is expensive to transport and has fewer buye...

Full description

Saved in:
Bibliographic Details
Main Author: Lee, Jeannette
Corporate Author: Office of the Federal Coordinator (OFC)
Document Type: Issue paper
Publisher:Office of the Federal Coordinator (OFC)
Date:September 2014
Subjects:
Online Access:View Full Text
Library Holdings:Print Versions
Description
Summary:The oil trade and liquefied natural gas trade are quite different when compared. Oil is a global commodity, while LNG is largely still a regional industry. Oil dominates the oil industry, and oil futures trading is extensive, whereas liquefied natural gas is expensive to transport and has fewer buyers and sellers. Spot trading, common in the oil trade, is less common in LNG trade, but it is growing.
Physical Description:10 p.