Cheniere Energy Signs LNG SPA with Polish Gas Company

Cheniere Energy, Inc. has announced that, as of this month, it has “entered into a 24-year LNG Sale and Purchase Agreement (“SPA”) with Polish state-owned oil and gas company Polskie Gornictwo Naftowe i Gazownictwo S.A. . . . for the sale of approximately 1.45 million tonnes per annum of LNG on a delivered ex-ship basis. Deliveries will commence in 2019, with the full annual quantity commencing in 2023. The purchase price for LNG is indexed to the monthly Henry Hub price, plus a fee.”

 

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