Cheniere Energy has signed a long-term liquefied natural gas (LNG) sales and purchase agreement with Foran Energy Group, a Chinese natural gas distribution company.
Announced today (2nd Nov), the deal will see Foran purchase approximately 0.9 million tonnes per annum of LNG over a 20-year period from Cheniere.
Deliveries will commence upon the start of commercial operations of the second train of the Sabine Pass Liquefaction Expansion Project (SPL Expansion Project) in Louisiana.
Start-up of the train is subject to a positive final investment decision.
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