This means our LNG is sold at different prices in these various markets. Government’s natural gas revenue is based on the net back price for LNG at Point Fortin, which is an average price tallied from the various markets for our LNG exports.
The Henry Hub natural gas price is currently trading at $ per million British thermal units, that is, 45 percent above the budgeted natural gas price. The netback price for LNG at Point Fortin is currently around $ per million British thermal units, which is double the budgeted natural gas price.