(Reuters) – U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said on Friday it had signed a 25-year deal to supply Taiwan’s CPC Corp, which CPC valued at roughly $25 billion. Cheniere said it will sell 2 million tonnes of LNG per year on a delivered basis to the state-owned oil and gas company, starting in 2021. It said the purchase price will be pegged to the Henry Hub monthly average, plus a fee. The United States has become a major LNG exporter in the last two years, mostly due to the ramp up of Cheniere’s Sabine Pass terminal in Louisiana. The Houston-based company is also building the Corpus Christi terminal in Texas. The CPC deal, which is through Cheniere’s marketing arm, is not tied to a particular project or liquefaction train.
WORLD SHIPPING
15 August 2018 - 10:42
Cheniere Signs 25-Yeara LNG Deal with Taiwan's CPC
(Reuters) – U
WORLD SHIPPING
15 August 2018 - 10:42
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