Cheniere Energy, Endesa sign second LNG sales deal

|About: Cheniere Energy, Inc (LNG)|By:, SA News Editor

Cheniere Energy (LNG +0.4%) and Endesa (ELEZF) sign another 20-year sale and purchase agreement for liquefied natural gas from LNG's planned export facility being developed near Corpus Christi, Tex.

Endesa will purchase ~750M metric tons/year of gas in addition to last week's announcement that the Spanish utility would purchase 1.5M metric tons/year, to bring the total quantity sold to Endesa to ~2.25M.

The Corpus Christi Liquefaction Project is being designed and permitted for up to three trains, with aggregate design production capacity of 13.5M metric tons/year of LNG.