Abaxx Technologies Inc. announced a collaboration with Qingdao International Energy Exchange to explore strategic opportunities in the physical LNG market. The collaboration aims to connect global LNG suppliers with China’s demand centers, promoting efficiency and transparency in cross-border trade.

Key focus areas of the collaboration include integrating the physical LNG market, developing transparent price benchmarks, offering risk management solutions, and collaborating on a wider scope of energy products. This partnership reflects a commitment to advancing sustainable energy solutions and strengthening the LNG trading ecosystem in Asia.

Abaxx Technologies is dedicated to building Smarter Markets and driving market-based solutions for societal challenges, including the energy transition. The company operates Abaxx Exchange and Abaxx Clearing, providing physically-deliverable futures contracts in commodities like LNG and gold, as well as innovative solutions for post-trade infrastructure.

For more information about this collaboration, visit abaxx.tech or contact Abaxx Technologies Inc. directly for investor inquiries. Please note that forward-looking statements have been made regarding the collaboration and the company’s business strategies, subject to known and unknown risks and uncertainties.

Read more at GlobeNewswire: Abaxx Exchange and Qingdao International Energy Exchange