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Cheniere and Gas Natural Fenosa Sign 20-Year LNG Sale and Purchase Agreement
Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) announced today that its subsidiary, Corpus Christi Liquefaction, LLC ("Corpus Christi Liquefaction"), has entered into a liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with Gas Natural Fenosa LNG SL ("Gas Natural Fenosa") under which Gas Natural Fenosa has agreed to purchase approximately 1.5 million tonnes per annum ("mtpa") of LNG upon the commencement of operations of Train 2 from the LNG export facility being developed near Corpus Christi, Texas (the "Corpus Christi Liquefaction Project"). The Corpus Christi Liquefaction Project is being designed and permitted for up to three trains, with aggregate design production capacity of 13.5 mtpa of LNG.

date.png02 Jun 2014 21:56 | comments.png 0 Comments | tags.png cheniere fenosa lng n-america usa [ More ]
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