In this second of a series of papers on developments in the global LNG industry, we explore the development of Asian-traded LNG markets. We draw on lessons from the development of European- traded natural gas markets and a comparable commodities market, and discuss possible factors to consider when assessing the development of a traded market. We then assess the current status of Asian LNG markets with respect to the criteria identified. Finally, we indicate possible pathways for the development of a mature Asian-traded LNG market.
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