Cheniere to supply additional LNG to Taiwan’s CPC under new agreement
Cheniere Energy Inc. subsidiary Cheniere Marketing International LLP agreed to a long-term LNG supply deal with state-owned oil and gas company CPC Corp., Taiwan.
Under the sales and purchase agreement, CPC has will purchase up to 1.2 million tonnes/year (tpy) of LNG on a delivered basis from 2026 through 2050 with a purchase price indexed to Henry Hub, plus a fixed fee.
The agreement is in addition to the 2-million-tpy deal entered into in 2018 by Cheniere Marketing and CPC, which began in 2021 and has a term of 25 years.