LNG

Intercontinental Exchange Inc., the leading global provider of energy trading platforms, said that global futures and options markets reached record open interest of almost 94 million contracts during March as market players in sectors such as oil, natural gas and LNG launched hedging operations as prices declined.

European natural gas markets are exploring more imaginative LNG and pipeline natural gas deals with land-locked Austria securing a five-year agreement for the supply of gas volumes into the newest LNG importing nation Germany’s virtual gas trading hub.