Cheniere Signs LNG Supply Deal with China's ENN
(Reuters) — Cheniere Energy said on Monday it will supply 1.8 million tonnes of LNG per annum to China's ENN Natural Gas for over 20 years.
The United States has emerged as the world's largest LNG exporter after Western sanctions on major supplier Russia left Europe scrambling to find alternate sources for the commodity.
In 2021, ENN had signed a 13-year deal to buy LNG from Cheniere beginning in July 2022.
That was the first major binding deal for natural gas between the two nations since a long-standing trade war which brought gas deals between the two countries to a temporary standstill.
Cheniere said deliveries will start in mid-2026, ramping up to 0.9 million tonne per annum (MTPA) in 2027.
Delivery of the remaining 0.9 MTPA is subject to Cheniere's positive final investment decision with respect to the Sabine Pass Liquefaction Expansion Project in Louisiana.
Related News
Related News
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- Traverse Pipeline Approved to Move 1.75 Bcf/d of Gas Along 160-Mile South Texas–Katy Route
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- DOE Considers Cutting Over $1.2 Billion in Carbon Capture Project Funding
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Newsom Seeks to Aid Struggling Refiners Following Valero’s California Exit
Comments