The ASEA index is designed to offer the LNG industry a reliable price indication for cargoes for delivery to Indonesia, Malaysia, Singapore and Thailand, trading 6-12 weeks before the date of delivery. The index is the LNG industry’s first southeast Asian delivered ex-ship (des) price indicator, used in the Argus LNG Daily report.
Its launch reflects the need to improve price transparency with the start-up of Singapore and Malaysia’s first LNG import terminals in 2013. Argus’ new ASEA coverage complements the Argus LNG Daily report’s existing suite of Asia-Pacific and European spot price assessments, market commentary and global netback pricing.
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