"WIM LNG futures would be part of ICE’s global natural gas complex alongside TTF, NBP, Henry Hub, and JKM LNG (Platts) futures. JKM reflects cargoes delivered into ports in Japan, Korea, Taiwan and China, while the WIM reflects cargoes delivered into the ports of India and the Middle East. WIM futures will complement the already established North East Asian JKM contract," said Gordon Bennett, managing director, Utility Markets at ICE. Bennett added, “The natural gas market is evolving rapidly and WIM provides new risk management tools to those buying, selling and hedging natural gas in South and West Asia."
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