LNG

CME and Cheniere to develop LNG futures contract

CME Group will work with Cheniere to develop an LNG futures contract based on physical deliveries from Cheniere’s Sabine Pass plant.
By Staff reporter 11 July 2018 0 31703

United States exchange operator CME Group will work with Cheniere to develop an LNG futures contract based on physical deliveries from Cheniere’s Sabine Pass plant in Louisiana, CME said on Tuesday.

“This agreement with Cheniere is significant because it will be the foundation for developing a new LNG risk management tool for producers, consumers and traders around the globe, while further cementing the role of Henry Hub natural gas futures as the global gas pricing benchmark,” said Peter Keavey, CME’s global head of...