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...
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Main Author: | |
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Corporate Author: | |
Document Type: | Issue paper |
Publisher: | Office of the Federal Coordinator (OFC) |
Date: | September 2014 |
Subjects: | |
Online Access: | View Full Text |
Library Holdings: | Print Versions |
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. |
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Physical Description: | 10 p. |