Energy Transfer LP (ET) said Tuesday it signed yet another long-term deal to sell liquefied natural gas (LNG) from its proposed Lake Charles LNG export terminal in Louisiana. 

The company signed a sales and purchase agreement (SPA) with SK Gas Trading LLC of South Korea for 400,000 metric tons/year of LNG on a free-on-board basis. The 18-year deal is linked to Henry Hub prices. 

Houston-based ET said first deliveries are expected to begin as soon as 2026. However, it is contingent upon a final investment decision (FID) for the 16.45 million metric tons/year project. 

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ET’s Tom Mason, president of the LNG business, said interest in the facility is...