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Cheniere Energy Lands New LNG Supply Deal With JERA Starting 2029
ZACKSยท 2025-08-12 14:55
Group 1 - Cheniere Energy Inc. has signed a long-term sales and purchase agreement with JERA for the supply of approximately 1 million tons per annum of liquefied natural gas [1][2][8] - The liquefied natural gas will be supplied on a free-on-board basis from 2029 to 2050, with the purchase price linked to the U.S. benchmark Henry Hub natural gas price [2][8] - The agreement allows JERA to diversify its liquefied natural gas supply portfolio, enhancing energy security and sustainability for Japan [1][2] Group 2 - Cheniere Energy's Corpus Christi facility expansion includes the construction of two new liquefaction units, expected to add over 3 million tons of liquefaction capacity per year [3][8] - The Corpus Christi facility currently has four operational trains with a combined production capacity of approximately 16.5 million tons per annum [3] Group 3 - Cheniere Energy's partnership with JERA has been built over years of profitable liquefied natural gas trade, and the company aims to continue supplying reliable LNG under the long-term agreement [2][8]