Cheniere Marketing signed a 20-year deal with Galp Trading for 0.5 MMtpa of LNG from the Sabine Pass LNG Stage 5 Expansion, starting in the 2030s. The agreement, linked to Henry Hub pricing, depends on Cheniere’s final investment decision for Train 8, marking 20% of firm contracts for the train. This strengthens Galp’s LNG portfolio amid rising demand in Portugal. |
Cheniere signs SPA with Galp for Sabine Pass LNG Stage 5 Expansion
August 28, 2024