Midstream energy firm Energy Transfer has inked 25-year sales and purchasing agreement to supply China Gas with 0.7 million tonnes of LNG annually on a free-on-board basis.
The Dallas-based firm on Sunday (5th June) confirmed the new deal that will see deliveries from its Lake Charles LNG project begin from 2026.
News of the deal follows a flurry of sales and purchasing agreement signed by Energy Transfer at a time when companies from across the globe are trying to cut reliance on Russian fuel.
Tom Mason, President of Energy Transfer LNG, said, “China Gas is a premier natural gas distribution company in China, and we are pleased to enter into this 25-year LNG offtake agreement with them.”
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