Liquefied natural gas (LNG) is growing in popularity as a commodity because it’s seen as the cleanest fossil fuel available today and it is abundant.   Global energy players are expecting trade in LNG to be increasingly commoditised and according to BP, the business is now growing at 12 per cent a year.  For the full story, click here.

Christof Ruhl, Group Deputy Chief Economist of BP, said: “We invest in LNG because we think that over the next 10 to 15 years, it would be a growing market and one that would continue to integrate itself. Many of the divisions which we’ve seen historically between Asia and the Atlantic bases have already disappeared. With the flexibility of the market and increasing integration, many restrictions like spot prices would soon disappear.

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