Kuala lumpur: Abaxx Technologies Inc., a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., and owner of Abaxx Commodity Exchange and Clearinghouse, has announced a strategic collaboration with Qingdao International Energy Exchange. This partnership aims to explore opportunities in the physical liquefied natural gas (LNG) market.

According to BERNAMA News Agency, the collaboration will blend Abaxx’s physically-deliverable LNG futures and clearing infrastructure with Qingdao International Energy Exchange’s presence in China’s energy markets. The goal is to connect international suppliers with China’s demand centers, enhance Asia’s LNG marketplace through deeper liquidity, transparent benchmarks, and improved risk management tools, and support the global shift towards cleaner energy sources.