LNG / CNG | General | LNG Projects | Export
Cheniere Energy Enters LNG SPA with EDP
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Cheniere Energy, Inc. has announced that its subsidiary, Corpus Christi Liquefaction, LLC, has entered into a liquefied natural gas (LNG) sale and purchase agreement (SPA) with EDP Energias de Portugal S.A. (EDP) under which EDP has agreed to purchase approximately 0.77 million tonnes per annum (mtpa) of LNG upon the commencement of operations of Train 3 of the LNG export facility being developed near Corpus Christi, Texas (the Corpus Christi Liquefaction Project).
The Corpus Christi Liquefaction Project is being designed and permitted for up to three trains, with aggregate design production capacity of approximately 13.5 mtpa of LNG.
Under the SPA, EDP will purchase LNG on a free on board basis (FOB) for a purchase price indexed to the monthly Henry Hub price plus a fixed component. LNG…
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