Cheniere and Equinor Sign Long-Term LNG Sale and Purchase Agreement | Marine Jobs (Business Opportunities - Other Business Ads)

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Cheniere and Equinor Sign Long-Term LNG Sale and Purchase Agreement | Marine Jobs


Cheniere Energy, Inc. announced that Cheniere’s subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has commenced a long-term liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Equinor ASA (“Equinor”).

Under the SPA, Equinor has agreed to purchase approximately 1.75 million tonnes per annum (“mtpa”) of LNG from Cheniere Marketing on a free-on-board (“FOB”) basis for a purchase price indexed to the Henry Hub price, plus a fixed liquefaction fee. Delivery of half of the volume associated with the SPA will commence in 2027, and delivery of the remaining half, which is subject to, among other things, a positive Final Investment Decision with respect to the first train of the Sabine Pass Liquefaction Expansion Project (“SPL Expansion Project”), will commence at the end of this decade. The term of the SPA is 15 years from the commencement of delivery of the full 1.75 mtpa of LNG volumes.

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SEA LINE GROUP
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ANDHERI (EAST),MUMBAI-400072

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Target State: All States
Target City : MUMBAI
Last Update : Jun 23, 2023 3:27 AM
Number of Views: 45
Item  Owner  : Roni Abraham
Contact Email:
Contact Phone: +91-22-28505051

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2024-05-15 (0.222 sec)