Gas Processing & LNG is Produced by Gulf Publishing Holdings LLC



Cheniere to launch first U.S. LNG futures contract

(Reuters) - CME Group Inc and Cheniere Energy Inc said they will launch the first physically deliverable liquefied natural gas futures contract with delivery to Cheniere’s Sabine Pass LNG export terminal in Louisiana.

The primary natural gas hub traded in the United States is the Henry Hub benchmark in Louisiana, which is already traded on the CME.

Cheniere delivers gas to the world through Sabine Pass in the form of LNG that is linked to prices at the Henry Hub.

Peter Keavey, CME Group Global Head of Energy, said in a release, that the agreement with Cheniere will further cement “the role of Henry Hub Natural Gas futures as the global gas pricing benchmark.”

Reporting by Scott DiSavino Editing by Jeffrey Benkoe and Susan Thomas

 


Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
The US Energy Information Administration (EIA) reported in April that the US set records for natural gas production in 2017.
EWAnalysis
- Energy Web Atlas
Since market reforms first started in 1978, China has shifted from a centrally planned economy to a market-based economy, experiencing rapid economic and social development.
Industry Perspectives
-Eugene Gerden
Russia aims to ally with Qatar in LNG competition with Australia and other LNG-exporting majors over the coming years.


GasPro 2.0: A Webcast Symposium

Register Now

The global LNG industry is becoming increasingly interconnected as grassroots export projects get off the ground. Another technology route for processing gas into fuels—GTL—is attracting renewed attention due to improving economics. Small-scale solutions for both LNG and GTL are at the forefront of new technological developments, while major projects using more conventional technologies continue to start up around the world.

During this webcast, we will focus on LNG, GTL, gas processing technology developments and deployments, operations, small-scale solutions, transportation, trading, distribution, safety, regulatory affairs, business analysis and more.

October 25, 2018 08:30 AM CDT

Register Now

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2018 Gulf Publishing Holdings LLC.