Swaps
Submitted by webmaster on Thu, 2018-07-26 11:40
Swaps
(1) Arrangements under which gas destined for a market is delivered elsewhere, and substitute gas is supplied to the final market. For instance, Nigerian LNG contracted to Italy is delivered to France, and other gas contracted to France is delivered to Italy. (2) In trading, the exchange of a fixed price for a floating price for a future delivery.