Cheniere Energy Partners Inks Deal for 30 Cargoes

Cheniere Energy Partners said on December 9 it had signed an agreement to supply 30 LNG cargoes to a division of Cheniere Energy.

Sabine Pass Liquefaction, wholly-owned by Cheniere Energy Partners, and Cheniere Marketing International, 100%-controlled by Cheniere Energy, entered into a letter agreement for the cargoes' sale. They will be delivered in 2021 at a price equal to 115% of Henry Hub plus $0.728/mn Btu.

Sabine Pass has five operational liquefaction units, each capable of producing 5mn metric tons/year of LNG. A sixth train is due to enter service in 2022, raising overall capacity to 30mn mt/yr.