AmericasContracts and Tenders

Cheniere Energy Partners inks deal to sell 30 LNG cargoes

By LNG Prime Staff
Cheniere Energy Partners inks deal to sell 30 LNG cargoes
For illustration only (Image: Cheniere Energy)

A unit of Cheniere Energy Partners recently signed a deal to sell up to 30 cargoes of LNG to a subsidiary of parent company Cheniere Energy.

Under the deal signed on December 9, Sabine Pass Liquefaction will deliver the cargoes to Cheniere’s unit Cheniere Marketing International in 2021.

The price of the cargoes includes a rate equal to 115% of Henry Hub natural gas futures plus a premium of $0.728 per one million British thermal units, according to a stock exchange filing.

To remind, Houston-based Cheniere formed Cheniere Energy Partners to develop the $25 billion Sabine Pass terminal, currently the largest US LNG export facility.

Furthermore, Blackstone Group recently completed the sale of its 42% stake in Cheniere’s limited partnership to Brookfield Infrastructure and its own affiliated company.

Cheniere’s partnership now operates five trains at the 30 mtpa facility in Louisiana but it is also building a sixth.

Most Popular

LNG Terminals

Golar eyes fleet of more than seven FLNGs

Floating LNG player Golar LNG has made a pathway to increase its FLNG fleet to over seven units after ordering its fourth unit and securing two more shipyard slots, according to CEO Karl Fredrik Staubo.
Contracts and Tenders

Bangladesh’s RPGCL seeks more spot LNG supplies

Bangladesh’s Rupantarita Prakritik Gas (RPGCL), a unit of state-owned Petrobangla, is seeking bids for more spot liquefied natural gas (LNG) cargoes.
LNG Terminals

TotalEnergies picks Daewoo E&C for Papua LNG contract

French energy giant TotalEnergies and its partners in the planned Papua LNG project in Papua New Guinea have selected South Korea’s Daewoo E&C as the preferred bidder for the EPCC of the project's central processing facility and well pads.
spot_img

More News Like This

Corporate

Cheniere’s net income climbs to $3.07 billion in Q2

US LNG exporting giant Cheniere reported an 88.7 percent year-on-year increase in its second-quarter net income to $3.07 billion, while quarterly revenue rose 23 percent year-on-year to $5.73 billion.
LNG Terminals

Cheniere set to start LNG production at seventh Corpus Christi expansion train

US LNG exporter Cheniere is set to start LNG production at the seventh and final train of the Corpus Christi Stage 3 expansion project in Texas following the latest approval from the US FERC.
LNG Terminals

Cheniere gets OK to introduce feed gas to seventh Corpus Christi expansion train

US LNG exporter Cheniere has won approval from the US FERC to introduce feed gas to the seventh and final train of the Corpus Christi Stage 3 expansion project in Texas.
LNG Terminals

Cheniere nears launch of seventh Corpus Christi expansion train

US LNG exporter Cheniere is close to launching the seventh and final train of the Corpus Christi Stage 3 expansion project in Texas.