Reuters: US LNG projects win higher processing fees as interest rates climb

The most recently approved project – NextDecade (NEXT.O)‘s Rio Grande LNG – increased its liquefaction fee as project costs rose, said Jason Feer, global head of business intelligence at LNG shipping and brokering firm Poten & Partners.

“NextDecade went back to their offtakers and sought an adjustment of their contract levels and our understanding is most of them agreed,” Feer told Reuters.

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