Sinochem

China Cuts Another Long-Term Deal for U.S. LNG Supply from Cheniere

China Cuts Another Long-Term Deal for U.S. LNG Supply from Cheniere

Cheniere Energy Inc. said Friday it has reached a deal with China’s Sinochem Group Co. Ltd. to supply 0.9 million metric tons/year (mmty) of liquefied natural gas (LNG) beginning in July 2022.  The state-owned chemical conglomerate would buy LNG under the sales and purchase agreement (SPA) for a term of 17.5 years. Its purchases would…

November 5, 2021