TOCOM And SGX To Cooperate In Developing Asia’s LNG Market

The Tokyo Commodity Exchange, Inc. (TOCOM) and Singapore Exchange (SGX) have signed a memorandum of understanding (MOU) to cooperate in developing the liquefied natural gas (LNG) market in Asia, a region that accounts for over 60% of the world’s LNG demand, as well as to share their experiences in developing electricity futures.