Cheniere to Sell US LNG to France's Engie

Cheniere said Engie will buy about 0.4 to 1.2 million tonnes per annum (mtpa) of LNG.

Scott DiSavino, Reuters

U.S. LNG company Cheniere Energy Inc. agreed to sell LNG to a unit of French energy company Engie SA for 11 years starting in 2021, the company said on Nov. 12.

Analysts said the deal, which is with Cheniere's Corpus Christi LNG export project in Texas, should move the company's proposed Corpus Christi Stage 3 expansion closer to approval.

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