Sept. 29 (offshore-energy.biz) As global energy markets continue to navigate the volatility, long-term commitments are becoming the ultimate currency, which U.S.-headquartered energy player Cheniere Energy’s liquefied natural gas (LNG) deal with Brazil’s state-owned Petrobras hammers home, as it binds U.S. Gulf Coast liquefaction terminals to Brazil’s energy grid for more than two decades.
Cheniere Energy’s subsidiary, Cheniere Marketing, has entered into a multi-year LNG sale and purchase agreement (SPA) with Petrobras.
As a result, the Brazilian giant has agreed to purchase approximately 0.8 million tonnes per annum of LNG from Cheniere Marketing on a free-on-board (FOB) basis for 22 years.
Jack Fusco, Cheniere’s Chairman, President and Chief Executive Officer, commented: “This agreement once again reinforces Cheniere’s position as a leading global LNG provider, while providing additional commercial support and fixed fee cash flow visibility to underpin further brownfield liquefaction capacity growth.
Read full article: https://www.offshore-energy.biz/2026/09/29/22-year-cheniere-petrobras-lng-pact-expands-energy-bridge-between-north-and-south-america
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