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

Vessels

UKMTO reports LNG carrier incident off Yemen

The United Kingdom Maritime Trade Operations (UKMTO) Center said it received a report of an incident off Yemen involving a liquefied natural gas (LNG) carrier and a small skiff.
LNG as Fuel

CIMC SOE launches Avenir’s LNG bunkering vessel

China’s Nantong CIMC Sinopacific Offshore & Engineering has launched Avenir LNG’s liquefied natural gas bunkering and supply vessel.
Contracts and Tenders

Tecnicas Reunidas scores LNG Canada pipeline gig

Shell-led LNG Canada has awarded a contract to Spanish engineering and construction firm Tecnicas Reunidas to provide EPCM services for the second phase of the Coastal GasLink pipeline in British Columbia, on Canada’s west coast.

More News Like This

LNG Terminals

Cheniere’s Corpus Christi Trains 8 and 9 project 55.6 percent complete

US LNG exporter Cheniere continues to progress construction on its Corpus Christi Midscale Trains 8 and 9 project in Texas.
Contracts and Tenders

Cheniere, Petrobras seal long-term LNG SPA

US LNG exporter Cheniere has signed a long-term LNG sale and purchase agreement with Brazil’s state-owned energy firm Petrobras
LNG Terminals

US FERC issues final EIS for Cheniere’s Sabine Pass expansion project

The US Federal Energy Regulatory Commission (FERC) has released a final environmental impact statement for Cheniere’s planned Sabine Pass Stage 5 expansion project. The regulator confirmed that construction and operation of the LNG project would result in “some adverse environmental effects; however, effects would be reduced to less-than-significant levels.”
LNG Terminals

FERC issues draft EIS for Cheniere’s Corpus Christi Stage 4 project

The US Federal Energy Regulatory Commission (FERC) has released a draft environmental impact statement for Cheniere’s planned Corpus Christi Liquefaction Stage IV expansion project in Texas. The regulator concluded that construction and operation of the LNG project would result in “some adverse environmental effects; however, effects would be reduced to less-than-significant levels.”