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Energy Transfer Signs LNG Sale and Purchase Agreement With SK Gas Trading LLC

5/4/2022

Energy Transfer - Press release Energy Transfer LP today announced the execution of a long-term Sale and Purchase Agreement (SPA) with SK Gas Trading LLC for the supply of 0.4 million tonnes per annum of LNG from Energy Transfer’s Lake Charles LNG export facility. Under the SPA, Energy Transfer LNG Export, LLC (Energy Transfer LNG) will supply LNG to SK Gas on a free-on-board (FOB) basis. The purchaseprice is indexed to the Henry Hub benchmark plus a fixed liquefaction charge. The SPA is for a term of 18 years, and first deliveries are expected tocommence as early as 2026. The SPA will become fully effective upon the satisfaction of the conditions precedent, including Energy Transfer LNGta

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