SINGAPORE -- As demand for clean energy grows in China, India and Southeast Asia, Singapore has ramped up efforts to become a regional hub for liquefied natural gas trading, capitalizing on its location as an established center of finance and trade.
The city-state took another step forward last month when the government expressed interest in building the country's second LNG terminal. The facility could be used to split up large-scale LNG shipments into smaller parcels and supply them to the region.
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