Cheniere signs gas deal linked to spot prices

AMERICAN LNG producer Cheniere has signed the second-only Asian spot price linked gas deal with shale producer EOG Resources, which will supply Corpus Christi Stage 3 with 140,000 million British thermal units per day, which equates to 850,000 tonnes of LNG per year for 15-years beginning next year.

Cheniere signs gas deal linked to spot prices Cheniere signs gas deal linked to spot prices Cheniere signs gas deal linked to spot prices Cheniere signs gas deal linked to spot prices Cheniere signs gas deal linked to spot prices

 

The gas supply will later rise to 400mmBtu but will not be linked to the Platts Japan-Korea Marker but Henry Hub prices or another American index.