LNG

CME Group, the US energy and commodities derivatives market leader comprising the York Mercantile Exchange and related platforms, has reached an agreement with Cheniere Energy to develop an LNG futures contract based on physical delivery to Cheniere's Sabine Pass liquefaction and export plant on the Gulf Coast of Louisiana.

China plans to launch a second natural gas exchange in the southwest city of Chongqing by mid-2018, aiming to match efforts by Singapore and Japan to create an Asian price benchmark as the nation’s use of LNG and gas continues to rise.