Cheniere Energy Inc. is in the early stages to again expand LNG export facilities in Louisiana and Texas following a series of supply deals that could underpin the next stage of growth, management said Thursday.

Chief Commercial Officer Anatol Feygin said the company has had its most productive year for liquefied natural gas contracting since 2011. In the second quarter alone, the largest U.S. LNG exporter signed sales and purchase agreements (SPA) to ship 140 million metric tons through 2050 to customers across the world. 

The company has been “racking up frequent flier miles,” added CEO Jack Fusco during the call to discuss second quarter results. Cheniere, like other global LNG producers, has seized on high spot prices, supply issues and a pivot from Russian exports to...