Cheniere Marketing, a subsidiary of Cheniere Energy, has entered into a liquefied natural gas (LNG) sale and purchase agreement (SPA) with Equinor ASA.
Under the SPA, Equinor has agreed to purchase approximately 1.75 million metric tons per year of LNG from Cheniere Marketing on a free-on-board basis for a term of approximately 15 years. The deliveries under the SPA will start in second half 2026 and reach the full 1.75 million metric tons per year in second half 2027. Half of the volume, or approximately 0.9 million metric tons per year , is subject to Cheniere making a positive final investment decision (FID) to construct additional liquefaction capacity at the Corpus Christi LNG Terminal beyond the seven-train Corpus Christi Stage III Project.
“Equinor is one of Europe’s premier energy companies, and we are excited to form a long-term relationship with another strategic customer that shares our ambitions for a sustainable future,” said Jack Fusco, Cheniere’s
