Chesapeake Energy, Delfin LNG, and Gunvor Group, through its subsidiary Gunvor Singapore, have announced a deal for liquefied natural gas (LNG) export deal.
The deal also includes a sales and purchase agreement through which Chesapeake will buy about half a million tonnes of liquefied natural gas (LNG) each year from Delfin. The price will be based on the Henry Hub index, and the plan is to start in 2028.
Chesapeake will then sell the LNG to Gunvor, with the price tied to the Japan Korea Marker (JKM) for 20 years. The half a million tonnes per year is part of a larger deal where up to two million tonnes per year was agreed with Gunvor.
Read more: Delfin signs long-term LNG supply agreement with Gunvor
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