Cheniere and Vitol Sign 15-Year LNG Sale and Purchase Agreement

Cheniere and Vitol Sign 15-Year LNG Sale and Purchase Agreement

HOUSTON–(BUSINESS WIRE)–Sep. 17, 2018–
Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) announced today
that its subsidiary Cheniere Marketing, LLC (“Cheniere Marketing”) has
entered into a liquefied natural gas (“LNG”) sale and purchase agreement
(“SPA”) with Vitol Inc. (“Vitol”). Under the SPA, Vitol has agreed to
purchase approximately 0.7 million tonnes per annum of LNG from Cheniere
Marketing on a free on board basis for a term of approximately 15 years
beginning in 2018. The purchase price for LNG is indexed to the monthly
Henry Hub price, plus a fee.

“We are pleased to announce this long-term SPA with Vit…

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