Cheniere signs LNG supply deal with China's ENN
(Reuters) - Cheniere Energy said on Monday it will supply 1.8 million tons of liquefied natural gas 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 ton 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
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- TC Energy approves $1.5-B Columbia Gas expansion after profit tops estimates
- NextDecade to use Honeywell liquefaction technology for 30-MMtpy LNG terminal
- Wärtsilä continues to expand its data center footprint with new 790 MW order in Texas
Comments