Is U.S. LNG the Bridge to a Better Future?
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July 2, 2022--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Energy security in current times means reliable access to natural gas and. With Cheniere Energy Incorporated (NYSE:LNG) (Houston, Texas) inking more long-term deals for liquefied natural gas (LNG), it's the U.S. that's doing much of the heavy lifting.
Cheniere Energy signed a long-term sales and purchase agreement (SPA) with PetroChina Incorporated (NYSE:PTR) (Beijing, China). Deliveries will begin in 2026 for 1.8 million tonnes per annum (mtpa) of liquefied natural gas sourced from U.S. shale basins and extend through 2050.
