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

Oil markets stay steady amidst Middle East turmoil

The geopolitical tensions in the Middle East are not impacting the oil market significantly. Two years ago, after Russia’s invasion of Ukraine, Brent crude prices surged by 30%. However, amid the conflict between Israel and Gaza, oil prices remain around $80 a barrel, lower than before…

U.S. to announce winners of federal hydrogen grants on Friday

The Biden administration is poised to unveil the recipients of a substantial $7 billion in federal grants on Friday, representing a critical step forward in the United States’ ambitious efforts to develop regional hydrogen hubs. This significant announcement comes after months of fierce competition among various states, each vying for a portion of the funding, all in a bid to accelerate the production of 50 million metric tons of…

Saudi Arabia actively pursuing overseas lithium sourcing for EV battery production

Saudi Arabia is actively pursuing lithium sourcing from overseas as it aims to enter the electric vehicle (EV) sector and produce EV batteries. Minister of Industry and Mineral Resources Bandar Alkhorayef emphasized the importance of lithium in battery production and noted that attempts to secure domestic…

Stay informed

error: Content is protected !!