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

Japan’s Toyota, Idemitsu form EV battery partnership

Toyota Motor, the world’s largest automaker by sales, has partnered with Idemitsu Kosan, one of Japan’s leading oil refiners, to collaborate on the development and mass production of all-solid-state batteries for electric vehicles (EVs). This strategic alliance comes as part of Toyota’s…

Saudi Arabia looking to buy stakes in Pakistan gold and copper mine

Saudi Arabia has expressed interest in acquiring government stakes in Pakistan’s Reko Diq gold and copper mine, a significant development for Pakistan’s economy, which narrowly averted a sovereign default earlier this year with a $3 billion bailout from the International Monetary Fund (IMF)…

Singapore orders additional F-35A jets in response to regional security concerns

Singapore intends to procure eight Lockheed Martin Corp. F-35A fighter jets, slated for delivery around 2030, as announced by Defense Minister Ng Eng Hen during a parliamentary session on Wednesday. Ng noted the global demand for F-35s, with approximately 2,500 aircraft on order…

Stay informed

error: Content is protected !!