Abaxx sees trading boost of LNG futures in Pacific Asia

Executive Summary

• Abaxx Technologies Inc. reports significant growth in trading activity for its LNG futures contracts, specifically the North Pacific Asia (NPA DAP) and US Gulf of Mexico (GOM FOB) benchmarks.
• Trading volume for NPA DAP reached 690 lots and GOM FOB reached 2,394 lots for the week ended October 17, 2025.
• Total LNG volume increased by more than 80% from August to September, with continued momentum into October.

Key Details

• Weekly Trading Volumes (Week ended Oct. 17, 2025):
  • NPA DAP futures: 690 lots.
  • GOM FOB futures: 2,394 lots.
• Cumulative Performance Since Launch (June 2024):
  • Total trading volume across GOM FOB and NPA DAP contracts: 14,042 lots.
  • Notional value: Approximately $1.6 billion (U.S.).
  • Equivalent physical volume: ~140.42 million British thermal units (MMBtu), representing approximately 40 LNG cargoes.
• Contract Specifications:
  • All contracts are U.S. dollar denominated.
  • Contract size: 10,000 MMBtu futures.
  • GOM contract listed on an FOB (Free On Board) basis.
  • NPA and Northwest Europe (NWE) contracts listed on a DAP (Delivered At Place) basis.
• Market Context:
  • The Abaxx suite of physically deliverable LNG futures (GOM FOB, NPA DAP, NWE DAP) provides price signals for terminals representing more than 80% of global LNG import capacity.
  • Contracts are designed to provide reliable forward curves aligned with real physical trade flows.

Notable Quotes

• "Abaxx's LNG contracts are giving commercial participants a more effective way to manage regional price exposure. By providing forward liquidity across both Atlantic and Pacific basins, these physically deliverable futures are helping LNG traders hedge delivered cargo risk and improve price discovery across their LNG supply chain." — Joe Raia, Chief Commercial Officer, Abaxx Exchange