Cheniere’s 20-Year Gas Deal Brings U.S. Export Plant Closer

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Cheniere Energy Inc. signed a second natural-gas supply contract in three weeks, boosting its chances of building the first gas-export terminal in the continental U.S.

Gas Natural SDG SA of Spain agreed to buy 3.5 million metric tons of liquefied natural gas a year from Houston-based Cheniere’s proposed Sabine Pass terminal in Louisiana for 20 years beginning in 2017, the companies said in statements yesterday after U.S. markets closed.