Disclaimer: I am not an investment advisor. Heck, i am not even working in the financial industry. Below are my interpretation and i am grateful if you will let me know if anything i say is wrong and i will correct it in a reasonable time. I am not an expert and don't wish to be assumed to be one. I make losses frequently. Background
1) Developing Singapore as a LNG Hub
In 2013, Singapore's first LNG terminal began operations. Prior to 2013, Singapore's only option was to import natural gas through pipelines from Malaysia and Indonesia. To support the development of Singapore as an LNG hub, Singapore had to create an 'artificial' demand for LNG to wean off dependence on pipeline gas. To achieve this, EMA ( Energy Market Authority) required power generation companies to use LNG instead and at the same time imposed restrictions on pipeline...