Energy Transfer LP (ET) late Wednesday said it secured three heads of agreements (HOA) to supply 3.6 million metric tons/year (mmty) of LNG from its proposed Lake Charles export project in Louisiana.

If the tentative deals are finalized, it would mark a significant step toward securing the customers needed to advance amid broader regulatory challenges and a competitive market.

Under one of the HOAs, an affiliate of Chesapeake Energy Corp. would provide enough feed gas to produce 1 mmty of liquefied natural gas. The producer would sell those volumes to an affiliate of Gunvor Group Ltd. at prices linked to the Japan-Korea Marker. The 15-year deal could provide Chesapeake, one of the largest natural gas producers in the Haynesville Shale, entry to the international market. 

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