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Cheniere and Sinochem Group Sign Long-Term LNG Sale and Purchase Agreement

11/8/2021

Cheniere Energy - Press release Cheniere Energy, Inc. announced today that its subsidiary, Cheniere Marketing, LLC, has entered into a binding liquefied natural gas sale and purchase agreement with Sinochem Group Co., Ltd. Under the SPA, Sinochem Group has agreed to purchase an initial volume of approximately 0.9 million tonnes per annum beginning in July 2022, which increases to 1.8 mtpa. The SPA has a term of approximately 17.5 years and Sinochem Group will purchase the LNG volumes on a free-on-board basis. The purchase price for LNG under the SPA is indexed to the Henry Hub price, plus a fixed liquefaction fee. “We are pleased to announce this long-term LNG contract with Sinochem Group, o

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