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Copyright © 2010: PennWell Corporation
All Rights Reserved.
Jcc news and technical articles from Oil & Gas Journal. Search Jcc latest and archived news and articles
for crude oil in Japan (Japan Crude Cocktail; JCC ) or more recently also Brent. ( JCC and Brent track each other closely with a 1-month ..... Pricing formulas could look similar to this: 14% • JCC (or Brent) + $0.85 for a given range of JCC
Dutch Shell. Photo from Nakilat. Although each of the North American export projects would like to follow suit and sell at JCC -based prices for Asian cargoes, North American gas prices are based on the Henry Hub index and potential Asian buyers may
known as the “Japan Crude Cocktail” ( JCC ). The typical structure of this type of ..... a variable component that relates to the JCC price. Variations of this formula exist to ..... based on a typical LNG contract indexed to JCC . Spain: Calculated LNG contract prices
according to FACTS. Iran and Pakistan agreed in June 2009 to a price formula linked 79% to the Japan crude cocktail ( JCC ) price. At JCC of $60/bbl Pakistan would pay around $8.20/MMbtu, said FACTS. Two stages of the IGAT system remain under
naphtha imports. Iran and Pakistan agreed in June to a price formula linked 79% to the Japan crude cocktail ( JCC ) price. At JCC of $60/bbl Pakistan would pay around $8.20/MMbtu, said FACTS.
naphtha imports. Iran and Pakistan agreed in June to a price formula linked 79% to the Japan crude cocktail ( JCC ) price. At JCC of $60/bbl Pakistan would pay around $8.20/MMbtu, said FACTS.
under negotiation, but that purchases would begin during 2010-12. He said the price is based on the Japan Crude Cocktail ( JCC ) oil price of $120/bbl. Eddy said the Kogas LNG was originally intended for Sempra Energy LNG Corp., which signed a sales
unthinkable a year ago, such as project equity and volume flexibility. While indexation at more than 14% Japanese crude cocktail ( JCC ) in recent agreements, however, is lower than the oil-parity prices sellers were used to demanding, current pricing arrangements
Moreover, he said recent history shows US Henry Hub and Europe’s National Balancing Point above Japanese Crude Cocktail ( JCC ) pricing; “it can happen again,” he said, as the number of short-term cargoes increases and LNG supply and market
Sales terms otherwise remained similar with long-term take-or-pay arrangements. In Japan, the Japanese Crude Cocktail ( JCC ) became the oil price benchmark for LNG. In some contracts floor-prices were replaced by moderated crude pricing equations