Skip to main content

Cheniere and Trafigura sign LNG agreement

Published by
Hydrocarbon Engineering,

Cheniere Energy, Inc.’s subsidiary, Cheniere Marketing, LLC (Cheniere Marketing), has entered into a LNG sale and purchase agreement (SPA) with Trafigura Pte Ltd, under which Trafigura has agreed to purchase approximately 1 million tpy of LNG from Cheniere Marketing on a free on board basis for a term of 15 years, beginning in 2019. The purchase price for LNG is indexed to the monthly Henry Hub price, plus a fee.

“We are pleased to announce this long-term SPA with Trafigura, an important player in the global LNG market. We expect this SPA to help support Cheniere’s expansion plans, and we look forward to a successful long-term relationship with Trafigura as a customer,” said Jack Fusco, President and CEO. “With a flexible solution tailored to the needs of our customer, this agreement demonstrates Cheniere’s capabilities as a leading global LNG supplier.”

Read the article online at:

You might also like


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

Downstream news Downstream contract news Downstream contract news