According to the latest Reuters report, a NextDecade Corp. official has announced that the company has just become the first in the US to offer Brent-linked LNG cargoes.
NextDecade is reportedly offering Brent indexation as one of many pricing options for LNG cargoes exported from its Rio Grande LNG facility. The cargoes will also have ‘full destination flexibility’.
This news comes during a period of high competition among LNG exporters, as the crowded marketplace is making it increasingly difficult to secure financial backing. Flexible pricing is an important tool available to developers, which can be used to attract potential offtakers.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/07032019/nextdecade-offering-brent-linked-lng-cargoes/
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