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." 

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