Abaxx Facilitates Delegation from China City Gas Association to Strengthen Cross-Border Collaboration in Asia’s Natural Gas and Energy Markets

Core Viewpoint - Abaxx Technologies Inc. is facilitating cross-border cooperation in the natural gas and energy sectors between China and Singapore, focusing on sustainability and innovation in energy markets [1][2][3]. Group 1: Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and the majority shareholder of Abaxx Singapore Pte Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse [1][6]. - The company aims to build Smarter Markets by providing better tools, benchmarks, and technology to address societal challenges, including the energy transition [5]. Group 2: Delegation and Discussions - A high-level delegation from the China City Gas Association (CCGA) visited Singapore to discuss opportunities for enhancing cooperation in the natural gas and energy sectors [1][2]. - The discussions included key issues related to sustainability and innovation in Asia's energy markets, emphasizing the importance of public-private partnerships [2][3]. Group 3: Energy Market Insights - The program highlighted the growing demand for cleaner energy solutions in Asia, particularly the adoption of carbon-neutral LNG and biogas integration [3][4]. - Abaxx Exchange's CEO noted the complexities of the energy transition and the need for efficient market signals to support sustainable decision-making [4]. Group 4: Strategic Importance of Singapore - Singapore is positioned as Asia's energy trading hub, attracting energy companies globally due to its talent, trade financing, and shipping services [4]. - The CCGA delegation recognized Singapore's strengths in LNG and financial markets as valuable for China's gas sector modernization [4].