Australian Competition And Consumer Commission Tender

Request for Tender: Market advice and estimates of contemporary LNG contract prices The ACCC seeks estimates of contemporary LNG prices for medium term LNG contracts on a 6-monthly basis. These estimates must be expressed as a percentage, or slope, of Brent oil prices, and must be able to be applied against Brent oil futures to derive estimates of forward LNG prices for LNG sold into the Asian LNG market. These forward LNG prices will be used to calculate LNG netback prices (by deducting LNG freight rate estimates and other relevant costs). In estimating contemporary LNG prices, the supplier will be required to: consider and advise on the inclusion of a fixed price term (in addition to estimates of the percentage link to Brent oil prices); determine which LNG contracts should be referenced to inform estimates of LNG prices; and normalise for all relevant contract-specific parameters to develop a single estimate of the appropriate slope and fixed price term (if applicable), including for the following parameters: point of delivery (i.e FOB or DES) supply flexibility delivery flexibility (as relevant) contract volume flexibility LNG freight costs. ATM Type:Request for Tender Note: This material is subject to change and all details should be verified on the AusTender website