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ICE OTC

Natural Gas Firm Physical, NYMEX LD1

Description

Physical Natural Gas delivered firm at specified location for a price determined by adding the premium/discount to the last day NYMEX futures settlement

Market Specifications

Trading Screen Product Name
NG Firm Phys, BS, LD1
Index Price Premium
Traded Price
Index Price
A price in dollars per MMBtu dry equal to the monthly last day settlement price for natural gas futures on the New York Mercantile Exchange (NYMEX) for the month of production.
Total Index Price
Index Price plus Index Price Premium
Payment Dates
Payment due on the 25th of the month following the Delivery Period by wire transfer of Federal Funds, unless otherwise stated by a master agreement between the Buyer and Seller.
Other Terms
To be confirmed directly between the above parties in their full form of contract.
MIC Code
IEPA
Clearing Venues