Cheniere Signs Long-Term Agreements To Supply Qatarenergy With LNG Through 2054

Oct 22 (Reuters) - Cheniere Energy Partners LP CQP.N:

• SIGNS LONG-TERM SALE AND PURCHASE AGREEMENTS TO SUPPLY QATARENERGY WITH LNG THROUGH 2054

• ENTERED INTO LONG-TERM LNG SPA WITH QATARENERGY TO SUPPLY A TOTAL OF 4 MILLION TONNES PER ANNUM OF LNG THROUGH 2054

• UNDER SPAS, QATARENERGY HAS AGREED TO PURCHASE 2 MTPA OF LNG FROM EACH OF SPL AND CCL ON A FREE-ON-BOARD (FOB) BASIS

• DELIVERIES UNDER SPAS WILL BEGIN IN EARLY 2030S AND CONTINUE THROUGH END OF 2054

• DEVELOPING AN EXPANSION OF EXISTING SPL PROJECT WITH AN EXPECTED TOTAL PEAK PRODUCTION CAPACITY OF UP TO ABOUT 20 MTPA OF LNG

• INCLUSIVE OF ESTIMATED DEBOTTLENECKING OPPORTUNITIES, WHICH WOULD GROW TOTAL PRODUCTION CAPACITY OF SPL PROJECT TO OVER 50 MTPA OF LNG

Further company coverage: CQP.N