7/105 sources · 5 publishersUpdated Oct 22, 22:31 UTC
QatarEnergy secures up to 4 mtpa of U.S. LNG from Cheniere through 2054
QatarEnergy signed two long‑term supply agreements with Cheniere Energy to buy up to 4 million tonnes of LNG each year, split between the Sabine Pass and Corpus Christi plants. Deliveries are slated to start in the early 2030s and will continue until the end of 2054. The price will be tied to the U.S. Henry Hub index plus a fixed component. One million tonnes from Sabine Pass remain subject to a final investment decision on the plant’s expansion.
Why it matters
The agreements give Cheniere a multi‑decade off‑take that should bolster its revenue stream through 2054.
Key facts
- 1QatarEnergy will purchase up to 4 million tonnes of LNG per year from Cheniere, with 2 million tonnes from Sabine Pass and 2 million tonnes from Corpus Christi. finance.yahoo.com
- 2Deliveries under the contracts are expected to begin in the early 2030s. stocktitan.net
- 3The supply agreements run through the end of 2054. stocktitan.net
- 4Contract pricing is linked to the U.S. Henry Hub benchmark plus an additional fixed charge. finance.yahoo.com
- 5One million tonnes of the Sabine Pass commitment is contingent on a final investment decision for the expansion project. finance.yahoo.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.