HomeNewsTellurian and Vitol sign 10-year LNG agreement for 3 mtpa

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Tellurian and Vitol sign 10-year LNG agreement for 3 mtpa

6/3/2021

Tellurian - Press release Tellurian and Vitol sign 10-year LNG agreement for 3 mtpa Tellurian Inc. (Tellurian) (NASDAQ: TELL) announcedtoday it has finalized a liquefied natural gas (LNG) sales and purchase agreement (SPA) withVitol Inc. (Vitol). The SPA is for three million tonnes per annum (mtpa) on a free on board(FOB) basis at Driftwood LNG for a ten-year period, indexed to a combination of two indices:the Japan Korea Marker (JKM) and the Dutch Title Transfer Facility (TTF), each netted backfor transportation charges. At today’s prices, the agreement is valued at approximately $12billion in revenue over ten years. President and CEO Octávio Simões said, “Tellurian continues to execute

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