Cheniere In New Deal With Taiwan Firm

July 10, 2018

 

Cheniere Energy has a new deal with Taiwan’s CPC Corp. in which the Houston company will supply LNG for 25 years.

Cheniere, the only US liquid natural gas exporter serving nearly two dozen counties, sealed the deal recently to supply two million tons of LNG to CPC over that time.

Early this year, Cheniere closed a deal with China National Petroleum Corporation to sell more than a  million tons of LNG per year.

With pollution controls forcing less reliance on coal for heating, China is believed to become the largest LNG importer by the year 2030, according to some estimates.