Gastech: Cheniere sees producer agreements as good start to commercializing expansion project

S&P Global Platts | Sep 18, 2019 at 2:28 AM
  • Cheniere Energy wants as much of its capacity sold as possible before it advances a proposed midscale liquefaction expansion at its Texas export terminal, though it sees two recent gas agreements with producers as a positive first step, CEO Jack Fusco said Tuesday.
  • The model of the recent gas agreements allow the upstream developers to access a global price by selling their produced gas to world markets through Cheniere’s Corpus Christi terminal.
  • Fusco acknowledged that over the longer term, it remains a challenging environment for US exporters and developers to find buyers, if the Chinese market is cut off.