Engie buys more US LNG from Cheniere

US LNG exporting giant Cheniere has agreed to supply more liquefied natural gas to France’s Engie as part of an amended deal revealed on Wednesday.

The two firms signed an 11-year deal in June last year for volumes from Cheniere’s Corpus Christi export plant in Texas.

Cheniere began delivering LNG under this deal in September 2021 and now the two firms agreed for more volumes and extended the duration of this contract, according to a Cheniere statement on Wednesday.

Under the amended SPA, Engie would purchase about 0.9 million tonnes per annum of LNG from the Corpus Christi project on a free-on-board basis for a term of approximately 20 years, Cheniere said.

Also, the Henry Hub-linked LNG deal includes a fixed liquefaction fee as well.

“We are pleased to build upon the long-term agreement we signed in 2021 with Engie, one of Europe’s energy leaders in low carbon solutions, to increase the volume and extend the term beyond 2040,” Cheniere’s CEO Jack Fusco, said.

“This SPA reflects the importance of a diverse and reliable long-term supply of natural gas for Europe,” he said.

This new deal comes just two days after Cheniere awarded a lump sum, turnkey, engineering, procurement and construction contract to compatriot Bechtel for the proposed Stage 3 expansion at its Corpus Christi plant.

The Corpus Christi liquefaction plant now consists of three operational trains with each having a capacity of about 5 mtpa.

Under the expansion, Cheniere plans to add up to seven midscale trains, each with an expected liquefaction capacity of about 1.49 mtpa, with a total production capacity of more than 10 mtpa.

Most Popular

Technip Energies wins contract for Eni’s Coral Norte FLNG

France-based LNG engineering giant Technip Energies has won a contract for preliminary work on Eni's second FLNG project in Mozambique, Coral Norte (Coral North).

Victrol: LNG London hits bunkering milestone

The Shell-chartered inland bunkering vessel LNG London, owned by a joint venture of Belgium's Victrol and France's Sogestran, has reached a new operational milestone.

Himalaya’s LNG-fueled bulkers earned $34,500 per day in June

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $34,500 per day in June.

More News Like This

Cheniere’s Sabine Pass terminal ships 3,000th LNG cargo

Cheniere’s giant Sabine Pass LNG terminal in Louisiana has shipped the 3,000th cargo of liquefied natural gas since its launch in 2016.

Cheniere’s Corpus Christi expansion project 85.4 percent complete

The Stage 3 expansion project at Cheniere’s Corpus Christi LNG export plant in Texas is 85.4 percent complete.

Cheniere plans to boost LNG export capacity to 100 mtpa

US LNG exporting giant Cheniere plans to boost its export capacity to about 100 mtpa via new expansion projects at its Sabine Pass and Corpus Christi LNG terminals.

Cheniere takes FID on two more Corpus Christi LNG trains

US LNG exporting giant Cheniere has made a positive final investment decision to build two more midscale trains at its Corpus Christi LNG plant in Texas. The company has also issued full notice to proceed to Bechtel.