Shell signs up to purchase Brent-indexed LNG from NextDecade

Friday, 03 May 2019

NextDecade, the developer of the Rio Grande LNG project in Texas, has signed an innovative 20-year sale and purchase agreement (SPA) with Shell. Around three-quarters of the purchased LNG volumes will be indexed to the North Sea Brent crude price and the remaining volumes indexed to US gas prices, including the benchmark Henry Hub." 


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial