SINGAPORE, Dec. 3, 2012 /PRNewswire/ -- Leading energy and
commodities price reporting organisation Argus has launched a new
series of northeast Asian LNG forward swaps assessments in the
Argus LNG Daily report, known as ANEATM swaps.
The launch reflects growing liquidity in LNG derivatives, as well
as industry calls for a reliable forward curve.
ANEA forward swaps assessments cover three forward-month periods
from the furthest ANEA physical spot assessment. This means that
market participants can currently see the value of northeast Asian
LNG swaps trading for March, April and May
2013. ANEA physical spot assessments represent cargoes
delivered ex-ship (des) to ports in Japan, South
Korea and Taiwan, trading
6-12 weeks before the date of delivery.
"The LNG market is evolving at a rapid pace and the development
of a financial derivatives market is key to enabling market
participants to manage their risk effectively," Argus Media
chairman and chief executive Adrian
Binks said. "The launch of ANEA forward swaps assessments in
the Argus LNG Daily report provides stakeholders with transparency
about the costs of hedging."
Argus' new ANEA swaps coverage complements the Argus LNG Daily
report's existing suite of Asia-Pacific and European spot price
assessments, market commentary and global netback pricing.
The Argus LNG Daily report provides price assessments for
Asia-Pacific, the Middle East, west Africa, Europe and the Caribbean, information about shipping
movements, market-moving news and analysis. The report has been
carefully designed to provide global LNG market participants with
the critical insights and key LNG statistics and data needed to
stay ahead of market developments, as well as to help shape
commercial strategies.
About Argus Media
Argus is an independent media organisation with more than 450
staff. It is headquartered in London and has offices in each of the world's
principal energy centres. Its main activities comprise publishing
market reports containing price assessments, market commentary and
news, and business intelligence reports that analyse market and
industry trends.
More than half of Argus' staff are commodity journalists who
specialise in reporting news and price information relating to
physical energy and related commodity markets. They operate
according to a rigorous Editorial Code of Conduct and an Ethics
Policy that align with best journalistic practice, including the
avoidance of conflicts of interest.
Argus is a leading provider of data on prices and fundamentals,
news, analysis, consultancy services and conferences for the global
crude, oil products, natural gas, electricity, coal, emissions,
bioenergy, fertilizer, petrochemical and transportation industries.
Data provided by Argus are widely used for indexation of physical
trade. Companies, governments and international agencies use Argus
information for analysis and planning purposes.
Argus has 19 offices globally, including London, Houston, Washington, New
York, Calgary, Rio de
Janeiro, Singapore,
Dubai, Beijing, Tokyo, Sydney, Moscow, Astana and other key centres of the
energy industry. Argus was founded in 1970 and is a privately held
UK-registered company.
Media contacts:
Singapore
Jim Nicholson
+65 6496 9966
marketingsg@argusmedia.com
London
Seana Lanigan
+44 20 7780 4272
seana.lanigan@argusmedia.com
Houston
Gabriela Alcocer
+1 713 429 6308
gabriela.alcocer@argusmedia.com
SOURCE Argus Media