Cheniere signs long-term LNG supply agreement with QatarEnergy

Oil & Gas Journal ·

LNG deliveries are expected to begin in the early 2030s and continue through end-2054, with 1 million tpy of the Sabine Pass agreement subject to a positive FID on the first phase...

Cheniere Energy Inc. subsidiaries Sabine Pass Liquefaction LLC (SPL) and Corpus Christi Liquefaction LLC (CCL) have each entered into long-term LNG sale and purchase agreements with QatarEnergy.

QatarEnergy will purchase 2 million tonnes/year (tpy) of LNG from each of SPL and CCL on a free-on-board (FOB) basis for a price indexed to the Henry Hub price plus a fixed fee. Deliveries are expected to begin in the early 2030s and continue through end-2054, with 1 million tpy of the SPL agreement subject to a positive final investment decision on the first phase of the SPL Expansion Project.

SPL Expansion Project

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