Cheniere Energy, Inc. has announced that its subsidiary Cheniere Marketing, LLC has entered into a long-term LNG sale and purchase agreement (SPA) with Galp Trading S.A., a subsidiary of Galp Energia, SGPS, S.A.
The new six-month delay to the Golden Pass LNG Terminal LLC planned start-up will remove a fair amount of new supply from the market in a period of intense growth, shifting the surge from 2026 to 2027, according to analysis from Wood Mackenzie.