Cheniere Lng Sale And Purchase Agreement Pdf
Houston, Texas – September 17, 2018 – Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) today announced that its subsidiary Cheniere Marketing, LLC (“Cheniere Marketing”) has entered into a contract with Vitol Inc. (“Vitol”) for the sale of liquefied natural gas (“LNG”) (SPA). As part of the SPA, Vitol has agreed to purchase approximately 0.7 million tonnes of LNG per year free of charge on board Cheniere Marketing from 2018, for a period of approximately 15 years. The purchase price of LNG is indexed to the monthly Henry Hub price increased by a tax. HOUSTON, July 30, 2015 /PRNewswire/ — Cheniere Energy, Inc. (Cheniere) (NYSE MKT: LNG) has entered into a contract with Central El Campesino to sell liquefied natural gas (LNG) through its subsidiary Cheniere Marketing International LLP (“Cheniere Marketing”) under which Central El Campesino would purchase approximately more information on Cheniere`s website in www.cheniere.com and in the quarterly report on Form 10-Q for the quarter ended June 30. 2018, filed with the Securities and Exchange Commission. “We are pleased to announce this long-term SPA with Vitol, one of the fastest growing players in the global LNG market,” said Jack Fusco, President and CEO of Cheniere.
“This agreement continues Cheniere`s commercial momentum and supports our growth plans while demonstrating the importance that LNG buyers attach to Cheniere`s unique ability to offer flexible solutions tailored to the needs of LNG customers around the world.” “We are pleased to announce this long-term SPA with CPC, one of the most experienced and prestigious companies in the LNG market. The SPA follows a heads of agreement that we signed with CPC in June and that has been the result of long-term discussions and the establishment of a multi-year business relationship with CPC,” said Jack Fusco, President and CEO of Cheniere. “This SPA demonstrates its growing ability to provide tailor-made solutions to meet the energy needs of customers around the world and strengthens our position as a global leader in LNG.” This LNG sales agreement (“Agreement”) will be entered into on 10 July 2019 (the “Effective Date”) of Tellurian Trading UK Ltd., a company founded under the laws of England and Wales, based at 7 Clarges Street, London W1J 8AE (“Seller”) and Total Gas & Power North America. Inc., a company founded under the laws of Delaware, based at 1201 Louisiana Street, Suite 1600, Houston, TX 77002, United States of America (“Buyer”). Buyers and sellers are referred to as “parties” and, together, “parties”. . This MASTER LNG SALE AND PURCHASE AGREEMENT (“Master Agreement”) of 20 December 2016 (“Effective Date”) is entered into by and between Centrica LNG Company Limited, a limited liability company that organises and exists under English law (“Centric”). and NFE North Trading Limited, a company that organizes and exists under the laws of Bermuda (NFE). Centrica and NFE are sometimes collectively referred to as “parties” and individually as “parties”.
Majeaux terms used herein or in a confirmation executed in accordance with this Framework Agreement (unless otherwise specified) have the meanings defined in this Agreement or in this Agreement. Russell Hardy, Group CEO at Vitol, said: “We are pleased to be working with Cheniere, a pioneer in American liquefaction…