Cheniere will supply 0.8 mtpa of LNG to Germany’s BASF

Cheniere Energy has announced a new liquefied natural gas (LNG) supply deal with Germany’s BASF, where it will provide 0.8 million tonnes per annum (mtpa) of LNG. The deal marks another step in the United States’ emergence as the world’s largest LNG exporter, capitalizing on Europe’s search for alternative sources after Western sanctions limited access to Russian gas.

Cheniere Energy has been actively securing supply agreements, having previously signed deals with companies such as Equinor from Norway, Korea Southern Power, and China’s ENN Natural Gas.

This newly announced contract with BASF will also support Cheniere’s expansion efforts, particularly at its Sabine Pass LNG facility in Louisiana. The facility’s expansion aims to reach a total LNG capacity of around 20 mtpa.

The deliveries of LNG to BASF will commence in mid-2026 and are set to increase to approximately 0.8 mtpa once the seventh train of the Sabine Pass project becomes operational.

This long-term supply agreement is expected to extend until 2043, contributing to the stability of Cheniere’s business and supporting its expansion plans in the LNG market.

Elevate your business with QU4TRO PRO!

Gain access to comprehensive analysis, in-depth reports and market trends.

Interested in learning more?

Sign up for Top Insights Today

Top Insights Today delivers the latest insights straight to your inbox.

You will get daily industry insights on

Oil & Gas, Rare Earths & Commodities, Mining & Metals, EVs & Battery Technology, ESG & Renewable Energy, AI & Semiconductors, Aerospace & Defense, Sanctions & Regulation, Business & Politics.

By clicking subscribe you agree to our privacy and cookie policy and terms and conditions of use.

Read more insights

Russia remained as China’s top oil supplier in July

In July, Russia retained its position as China’s largest crude oil supplier, according to Chinese government data, despite a reduction in Russian shipments due to narrower discounts and increased domestic demand. Russian crude arrivals in July increased by 13% compared to the same month in the previous year, reaching 8.06 million metric tons or 1.9 million barrels per day (bpd). This trend continued in the first seven months of the year, with Russian arrivals increasing by 25% compared to the same period in the previous year, reaching 60.66 million tons.

IMEC initiative gains momentum as France takes lead in bridging India-Europe gap

France is gearing up for an inaugural meeting to discuss a proposed infrastructure connection linking India to Europe via the Middle East, aiming to counter a similar endeavor initiated by China. President Emmanuel Macron has appointed Gerard Mestrallet, the former CEO of French energy company…

Two Chinese Tesla Suppliers investing $1 billion in northern Mexico

Two Chinese suppliers for Tesla are planning to invest nearly a billion dollars in Mexico’s northern state of Nuevo Leon, where Tesla is gearing up to construct a new factory. The substantial investments come from Ningbo Tuopu Group, with a commitment of $700 million, and…

Stay informed

error: Content is protected !!