Cheniere signs 22-year LNG supply deal with Petrobras
Cheniere’s marketing unit agreed to sell Petrobras about 0.8 million tonnes per annum of LNG free-on-board for 22 years.
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Cheniere signs 22-year LNG supply deal with Petrobras
US LNG exporter Cheniere Energy NYSE:LNG said on Tuesday its marketing unit has entered into a long-term liquefied natural gas sale and purchase agreement with Petrobras for 22 years.Under the SPA, Brazil-based Petrobras has agreed to purchase approximately 0.8 million tonnes per annum of LNG from…
Cheniere signs 22-year LNG sale agreement with Petrobras
Cheniere Marketing entered a long-term LNG sale and purchase agreement with Petrobras for about 0.8 million tonnes per annum. The contract runs for 22 years on a free-on-board basis.
Cheniere Energy, Inc. (LNG) Signs 22-Year SPA to Supply ~0.8 mtpa LNG to Petrobras
Cheniere Energy, Inc. said Petrobras will purchase approximately 0.8 mtpa of LNG from Cheniere Marketing on an FOB basis under a 22-year sale and purchase agreement.Material DetailsContext by AI AnalystThis extends Cheniere’s trend of securing long-term SPAs to backfill and expand capacity. A large…
Cheniere and Petrobras Sign Long-Term LNG Sale and Purchase Agreement
Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE:LNG) announced today that its subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has entered into a long-term liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Petrobras.Under the SPA, Petrobras has agreed to pu…