Cheniere reports $2bn half-year profit and signs SPA with JERA
US-based LNG producer Cheniere Energy reported $2bn net income and $10.1bn revenues in the first six months of 2025.
Coinciding with its quarterly and half-yearly results, it announced a sales and purchase agreement [SPA] with JERA.
Under the SPA, JERA has agreed to purchase approximately 1 million tonnes per annum (mtpa) of LNG from Cheniere Marketing on a free-on-board basis from 2029 through 2050. The purchase price for LNG under the SPA is indexed to the Henry Hub price, plus a fixed liquefaction fee.
Jack Fusco, Cheniere’s President and CEO, was pleased to tie up with one of largest power producer in Japan and one of the largest buyers of LNG.
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