Skip to content
Subscriber Only

Cheniere Sells LNG to Engie as More U.S. Gas Set for France

  • Companies sign five-year contract for 12 cargoes a year
  • Cheniere also has contracts with EDF for LNG supplies
Updated on

Engie SA agreed to buy liquefied natural gas from Cheniere Energy Inc., increasing the importance of France as a market for U.S. fuel.

The Houston-based company will ship as many as 12 LNG cargoes a year to France’s Montoir-de-Bretagne regasification terminal under a five-year contract, Engie said Wednesday in a statement. The deliveries, on an ex-ship basis, will start in 2018 at prices linked to northern European markets, Engie said. The LNG can alternatively be shipped to other European terminals.