CME Group to Launch Physical LNG Futures Contract 

CME Group today announced its new LNG futures contract called U.S. LNG Export futures.U.S. LNG Export futureswill be available for trading on October 14, 2019, pending regulatory review.

U.S. LNG Export futures will be a physically delivered LNG contract. Participants will take delivery at Cheniere Energy's Sabine Pass facility. The Freeport LNG terminal and additional facilities will be included in future delivery months.

"This contract is structured to align with the complex logistics of the LNG markets, including a unique monthly physical settlement on the U.S. Gulf Coast. At a time when the United States is poised to become a significant source of freely traded LNG cargoes, we believe CME Group's LNG and Henry Hub Natural Gas futures will help the industry to more effectively and efficiently manage price risk around the world." said Peter Keavey, CME Group Global Head of Energy.

U.S. LNG Export futures will be available for trading on CME Globex, for submission for clearing through CME ClearPort, and will be listed with and subject to the rules and regulations of NYMEX.