QatarEnergy signs long-term LNG supply agreement with Cheniere Energy
LNG Cheniere Energy Inc
$287.01 +0.98%
View chart & analysis → - 1QatarEnergy has signed two long-term contracts to purchase up to 4 million tons of LNG annually from Cheniere Energy through 2054.
- 2QatarEnergy secured an annual purchase of 2 million tons from the Sabine Pass facility and 2 million tons from Corpus Christi.
- 3CEO Saad Sherida Al-Kaabi said the Cheniere agreement will diversify the global LNG portfolio and strengthen the ability to serve customers worldwide.
So what's the key point?
QatarEnergy signed a contract to buy natural gas from Cheniere Energy until 2054. This agreement will help diversify gas supply sources and improve the ability to provide gas to customers.
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