Kansai Electric Power Co is to establish an LNG trading unit in Singapore next month in the face of the changing LNG market in Asia.
Japan’s second largest power utility said the unit, which will be called KE Fuel Trading Singapore, will handle most of its spot LNG trades
“We’ve been considering creating a structure with more flexibility to be able to buy LNG at low prices and sell LNG when needed,” Kansai Electric said in a statement.
“Spot
