Cheniere Inks LNG Deal With BASF for Deliveries From Planned Sabine Pass Expansion

August 24, 2023--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Investor optimism could be put to the test in an agreement to send liquefied natural gas (LNG) to Germany from a facility that's yet to reach final consent for Cheniere Energy (Houston, Texas).

Cheniere and German chemical company BASF (Ludwigshafen), the largest chemical company in the world, unveiled a sale and purchase agreement (SPA) for LNG from the planned Train 7 of the Sabine Pass terminal in Louisiana.