With Asia in the grip of environmental consciousness, Singapore and Malaysia are out to take each other down in the emerging battle of LNG hubs.

A recent report from investment house Goldman Sachs, says Japan is on course to use some 17.6 billion cubic meters of LNG this year. That, coupled with rising awareness of LNG’s ‘clean’ properties when compared to its bunker fuel alternative, increasing reliance on the gas by fast emerging economies, and future prospects for spot trading of the commodity, have conspired to make the LNG a much sought after product.