Force Majeure Declaration on deliveries of Sept 2008 and remaining Aug 2008 NYMEX Natural Gas Contracts
By Frontier India Strategic & Defence | September 13th, 2008 | Category: Exchanges | No Comments »In consideration of the impact of Hurricane Ike, a Delivery Committee panel (the “Committee”) convened, Friday September 12, 2008, to review deliveries in progress related to the NYMEX Natural Gas (NG) Futures Contract for the September 2008 contract month.
The Committee noted that Sabine Pipe Line, which operates the Henry Hub facility in Louisiana, shut-down all [...]