A Perth company that has developed a digital trading platform for the global LNG market has secured financial backing from Shell, Tattarang Group and Woodside Petroleum.
Online LNG marketplace GLX has announced a partnership with US-based information service OPIS to create LNG indices, a week after Woodside announced it had invested in the platform.
Perth company GLX Holdings, which has attracted more than 40 of the world's largest LNG buyers and sellers to its online trading platform, has recorded a notable milestone via Malaysian petroleum giant Petronas.
A group of Perth executives led by lawyer Damien Criddle and former Woodside Petroleum director Rob Cole is due to launch the world's first trading platform for liquefied natural gas next month.