This Domain is for Sale. To make an offer please get contact.
Make an Offer
  • Home
  • News
  • Technology
  • Law & Regulations
  • Informative
  • Tug&Barge&Salvage
Maritime and Salvage Wolrd News - Latest Ship Technologies
No Result
View All Result
No Result
View All Result
Maritime and Salvage Wolrd News - Latest Ship Technologies
No Result
View All Result

Cheniere Signals New LNG Pricing Structure with Apache Deal

marinesalvage by marinesalvage
July 8, 2022
in News
0
sabine pass lng exports
sabine pass lng exports

Cheniere Signals New LNG Pricing Structure with Apache Deal

reuters logo

By Sabina Zawadzki LONDON, June 3 (Reuters)– Cheniere Energy stated on Monday it would certainly get gas from Apache Corp’s Permian properties making use of a rate device connected to the dissolved gas (LNG) it winds up marketing as well as not the common united state gas standard.

The offer is the very first indicator Cheniere, without a doubt the biggest united state LNG vendor, might relocate far from its trademark LNG prices device in future offtake contracts with LNG customers by decoupling from the Henry Hub cost made use of for united state gas.

Cheniere gets united state gas to make use of as feedstock for its 2 LNG plants. It after that offers LNG to lasting customers that pay 115% of the Henry Hub cost plus around a $3 liquefaction charge per million British thermal systems (mmBTU).

This formula, made use of by lasting customers from Cheniere’s 2 LNG terminals in Louisiana as well as Texas, shields Cheniere from changing united state gas costs as well as covers its expenses of changing the gas right into LNG via the liquefaction charge.

By striking the arrangement with Apache to get gas at an LNG-indexed cost, nevertheless, Cheniere is providing itself the adaptability to market LNG making use of a various prices framework, market resources stated.

It is one more indicator that united state LNG manufacturers are broadening the methods which they bring in customers in an international market that is expanding quick yet is much from being as fluid as well as clear as the petroleum market.

“LNG export projects are being delayed because of the limited demand for HH-indexed LNG supply — limited but not non-existent,” one market resource stated. “If U.S. LNG projects can sell on other indices, then it will likely lead to an increase in U.S. LNG exports in the long term.”

NextDecade, a programmer of the Rio Grande LNG task in Texas, authorized a handle Royal Dutch Shell which costs several of the LNG to Brent unrefined costs– a system much more typically seen with professional LNG vendors Qatar as well as Australia.

And Tellurian, one more LNG incurable programmer, authorized an offtake arrangement with trading home Vitol which is valued to the Asian JKM standard LNG cost.

Cheniere was the very first united state firm to bring its LNG export task right into manufacturing in 2016 with the Sabine Pass centers as well as on Monday the firm likewise revealed a Final Investment Decision (FID) for the 6th train there.

Sempra Energy came to be the 3rd firm to run a united state generating LNG incurable recently when it delivered its very first freight from Cameron LNG inLouisiana Dominion Energy’s Cove Point plant as well as Cheniere’s Corpus Christi incurable started manufacturing in 2015.

(Reporting by Sabina Zawadzki; modifying by David Evans)

( c) Copyright Thomson Reuters 2019.

Source of This New

Tags: cheniereLNGus lng exports
Previous Post

MPC Container Ships orders methanol-fueled field ship duo

Next Post

UNITED STATE Coast Guard Sees Ships Switching to Cleaner Fuel in October

Related Posts

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located
News

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located

July 13, 2024
capesize bulk carrier terminal iron ore dry bulk
News

Capesize Rates at Six-Year Lows, Could Slide Further

July 13, 2024
jennifer turecamo moran tug chesapeake bay winter
News

Cold Morning on the Chesapeake

July 13, 2024
Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV
News

Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV

July 13, 2024
Eco Marine Power and Nakashima Propeller Cooperate on Composites
News

Eco Marine Power and Nakashima Propeller Cooperate on Composites

July 12, 2024
odfjell
News

Odfjell Announces Layoffs, Reduction of European Officers

July 12, 2024
Next Post
U.S. Coast Guard Sees Ships Switching to Cleaner Fuel in October

UNITED STATE Coast Guard Sees Ships Switching to Cleaner Fuel in October

Quick Search

No Result
View All Result

Recent Posts

  • Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located July 13, 2024
  • Capesize Rates at Six-Year Lows, Could Slide Further July 13, 2024
  • Cold Morning on the Chesapeake July 13, 2024
  • Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV July 13, 2024
  • Eco Marine Power and Nakashima Propeller Cooperate on Composites July 12, 2024

Categories

  • Informative
  • Law & Regulations
  • News
  • Technology
  • Tug&Barge&Salvage
Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located
News

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located

by marinesalvage
July 13, 2024
0

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located By Fathiya Dahrul and Rieka Rahadiana (Bloomberg) — Divers...

Read more
capesize bulk carrier terminal iron ore dry bulk

Capesize Rates at Six-Year Lows, Could Slide Further

July 13, 2024
jennifer turecamo moran tug chesapeake bay winter

Cold Morning on the Chesapeake

July 13, 2024
Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV

Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV

July 13, 2024
Eco Marine Power and Nakashima Propeller Cooperate on Composites

Eco Marine Power and Nakashima Propeller Cooperate on Composites

July 12, 2024
Maritime and Salvage Wolrd News - Latest Ship Technologies

© 2023 - Marine-Salvage.net

Navigate Site

  • Home Page
  • Privacy Policy
  • Contact Us
  • About Us

Follow Us

No Result
View All Result
  • Home
  • News
  • Technology
  • Law & Regulations
  • Informative
  • Tug&Barge&Salvage

© 2023 - Marine-Salvage.net

Manage Cookie Consent
We use cookies to optimize our website and our service.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}