Cheniere Energy Inc. announced it has inked an additional long-term LNG offtake contract with PetroChina Co. Ltd., building on its supply agreement hot streak and teasing its next generation of projects.

Houston-based Cheniere has signed a 1.8 million metric ton/year (mmty) sales and purchase agreement (SPA) with existing customer, PetroChina. According to the SPA, liquefied natural gas cargoes linked to Henry Hub could start being delivered on a free-on-board basis in 2026, ramp-up to full capacity in 2028 and continue to 2050.

Around 0.9 mmty of volumes committed to PetroChina would be contingent on Cheniere reaching a final investment decision (FID) on a future expansion of capacity at its Corpus Christi LNG terminal in South Texas, according to the company.

Cheniere CEO...