Cheniere Energy, Inc. announced that Cheniere's subsidiary, Cheniere Marketing International LLP, has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Korea Southern Power Co. Ltd (KOSPO). Under the SPA, KOSPO has agreed to purchase approximately 400 thousand tonnes per annum of LNG from Cheniere Marketing on a delivered ex-ship basis from 2027 through 2046, with a smaller annual quantity to be delivered starting in 2024. The purchase price for LNG to be delivered under the SPA prior to 2027 will be a market-based price, after which the purchase price will be indexed to the Henry Hub price, plus a fee.

https://www.bicmagazine.com/industry/natgas-lng/cheniere-and-kospo-sign-long-term-lng-sale-and-purchase-agreement/

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