• Gas Natural Fenosa to Purchase Corpus Christi LNG Supplies at Henry Hub-Linked Prices
  • June 9, 2014
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • Cheniere Energy subsidiary Corpus Christi Liquefaction, LLC (CCL) and Gas Natural Fenosa LNG SL (GNF) signed an agreement for GNF to purchase 1.5 million tonnes per annum (mtpa) of LNG over 20 years from Train 2 of CCL’s proposed LNG export terminal near Corpus Christi, Texas. Train 2 is expected to begin operations in 2019. According to the press release, GNF will purchase the LNG on a free on board (FOB) basis at a price indexed to the monthly Henry Hub price plus a fixed component.