Cheniere Signs 22-Year LNG Supply Deal With Petrobras
25 Articles
25 Articles
According to the State management, long-term contracts help the company to protect itself from price variations in the short-term market.
Cheniere Energy announced on Tuesday the signing of a contract lasting 22 years of purchase and sale of liquefied natural gas (LNG) with Petrobras, reinforcing the gas supply for the Brazilian market in the coming decades. The state undertook to acquire about 800,000 tons of LNG per year from the American company in a model in which Petrobras assumes shipping and costs from the port of embarkation. Cheniere's administration highlighted that the …
In Brazil, natural gas has among its purposes to serve as fuel for thermal power plants, homes and industries, which can also be used with raw materials.
Petrobras has concluded a contract to buy liquefied natural gas (LNG) from the United States on Tuesday (29).
The agreement previews the supply of LNG of the American giant Cheniere for a period of 22 years; announcement occurs months after the Brazilian throw in auction the supply of energy of eight plants of its thermoelectric park
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