Are LNG and NGL are the same thing and are they interchangeable on CMS?
Natural Gas Liquids and Liquefied Natural Gas are different and not interchangeable. LNG is not a term used in the eCM Standard.
LNG would be Nat_Gas as it is just the liquefied form. NGL is a group name for liquids that can be produced from Nat Gas, things like Propane and Butane.
NGL is an IndexCommodity and so CpML can model and eCM can confirm and eRR can report swaps and physical index and financial option transactions which use the Float Price Information section. It cannot be used with the transaction type FOR.
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