Summary

Sumitomo Corp’s energy trading arm is considering establishing a liquefied natural gas (LNG) trading desk in Singapore to expand its business across Asia, Europe, and the US. This move aligns with the company’s strategy to strengthen its presence in the seaborne LNG market and secure long-term purchase agreements.

https://www.theedgesingapore.com/news/oil-gas/sumitomos-energy-arm-may-set-lng-trading-desk-singapore