Cheniere Energy, Inc. announced that its subsidiary, Cheniere Marketing International LLP, has entered into a long-term liquefied natural gas sale and purchase agreement with CPC Corporation, Taiwan.

Under the SPA, CPC has agreed to purchase up to 1.2 million tonnes per annum of LNG from Cheniere Marketing on a delivered basis from 2026 through 2050. The long-term purchase price for the LNG to be delivered under the SPA will be indexed to the Henry Hub price, plus a fixed fee. The SPA is in addition to the approximately 2 mtpa SPA entered into in 2018 by Cheniere Marketing and CPC, which commenced in 2021 and has a term of 25 years.

Jack Fusco, Cheniere’s president and CEO, expressed that the Company was pleased to enter into another long-term SPA and build upon its successful long-term relationship with CPC, describing CPC as a leader in the global LNG market and a repeat customer of Cheniere. He noted that the SPA would further enhance CPC’s capability to serve Taiwan’s long-term energy priorities, while also providing additional commercial support for Cheniere’s brownfield liquefaction capacity developments. Fusco stated that Cheniere’s operational excellence, reliability, and customer focus contributed to the major expansion of the commercial relationship, and that the Company looked forward to providing secure and reliable LNG to CPC into the second half of the century under the new long-term agreement.

For more information visit www.cheniere.com