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Venture Global LNG Signs SPA with Portugese-based Galp

Venture Global LNG has announced that its subsidiary, Venture Global Calcasieu Pass, LLC, and Portugese energy company Galp, have entered into a 20-year Sales and Purchase Agreement (SPA) for the supply of one million tonnes per annum of LNG from the proposed Venture Global Calcasieu Pass LNG export facility in Cameron Parish, La.  Under the agreement, Galp will purchase the LNG on a...

Cheniere Energy to Make FID on Corpus Christi LNG Train 3 Within Weeks

Reuters reports that Cheniere Energy has stated that it intends “in the next few weeks” to make a final investment decision (FID) on Train 3 at the Corpus Christi Liquefaction and export terminal under construction in Corpus Christi, Texas.  

Pieridae Energy Announces Term Sheet for Goldboro LNG Train 2 Sales

Pieridae Energy Limited has announced that it has entered into a term sheet to negotiate a binding LNG sale and purchase agreement (SPA) to supply LNG to Europe from the second train of the proposed Goldboro liquefaction facility in Nova Scotia. Under the SPA term sheet with Pieridae, the unnamed offtaker will purchase up to 1 million tonnes per annum of LNG over a 10-year period...

Gas Sales Precedent Agreement signed for Alaska LNG Project

Alaska Gasline Development Corporation (AGDC), developer of the Alaska LNG project, has announced that it has signed a Gas Sales Precedent Agreement with BP Alaska, which sets forth the key terms, including price and volume, for AGDC to purchase BP Alaska’s share of 30 Tcf of gas from the Prudhoe Bay and Point Thomson units.  BP Alaska owns a 26% share of Prudhoe Bay and a 32% share of...

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