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    Cheniere and ENN LNG announce sale and purchase agreement – Riverside, California

    Riverside, California 2021-10-14 07:01:12 –

    Cheniere Energy Will sell liquefied natural gas to one of China’s largest distribution companies, and some of its products may come from factories near Gregory.

    A nearly 13-year sales contract between ENN LNG and Cheniere, a producer and exporter of liquefied natural gas, was announced in this week’s news release.

    As part of the agreement, ENN plans to purchase approximately 900,000 tons of liquefied natural gas each year, the release said.

    Wang Yusuo, chairman of the board of parent company ENN Natural Gas, said the natural gas market is growing rapidly.

    Jacques Fusco (left), President and Chief Executive Officer of Cheniere Energy, and Brendan Bechtel, Chairman and Chief Executive Officer of Bechtel, will hold the opening ceremony of the Corpus Christi Liquefaction Facility in Gregory, Texas, in November 2018. I will give a lecture before.  Cheniere Energy recently announced a sales agreement with ENNLNG.

    “China is making great efforts to reach its peak carbon emissions and carbon-neutral targets, boost the reform of the natural gas market and accelerate the structural adjustment of energy consumption,” Yusuo said in the news. Mentioned in the release.

    The agreement will come into effect in July.

    In a news release, Cheniere’s president and CEO, Jack Fusco, said a final investment decision was expected to be made on expanding local operations next year.

    Cheniere and ENN LNG announce sale and purchase agreement Source link Cheniere and ENN LNG announce sale and purchase agreement

    The post Cheniere and ENN LNG announce sale and purchase agreement – Riverside, California appeared first on Eminetra.

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