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Cheniere Energy, Electricite de France sign 20-year LNG deal

  • Cheniere Energy (NYSEMKT:LNG) signs another liquefied natural gas supply agreement for its export facility being developed in Corpus Christi, Tex.
  • Electricite de France (OTC:ECIFF) agrees to purchase 380K metric tons/year of LNG upon commencement of operations of Train 2 of the export facility and more than doubling to ~770K metric tons/year upon the start of operations of Train 3.
  • 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.
Comments (2)
  • Michael Bryant
    , contributor
    Comments (5775) | Send Message
     
    Question: can (NYSEMKT:LNG) supply all the gas for these deals? Where are they going to buy it from? (NYSE:PVA) seems a good possibility, but without pipelines, how can other producers get gas to (LNG)'s Louisiana export terminal?
    17 Jul 2014, 06:38 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5775) | Send Message
     
    Just bought more (NYSE:GLOG) at noon today.
    17 Jul 2014, 06:38 PM Reply Like
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