From Chron

Source: Cheniere

Cheniere Energy announced Monday that it will export liquified natural gas to India for the first time as demand for U.S. energy products surges in Asia and elsewhere.

The Houston-based energy company signed a 20-year contract with GAIL India Ltd., a state-owned natural gas company, to ship 3.5 million tons of LNG annually. India is working to address an air pollution crisis in New Delhi and other urban areas by using cleaner-burning fuel sources to reduce its reliance on coal.

“Today’s shipment is significant because it means security for the world’s third-largest energy consumer,” U.S. Energy Association executive director Barry Worthington said in a statement.

Cheniere will ship the cargoes from its Sabine Pass facility in Louisiana, where the company in 2016 first began exporting LNG. It’s also building an export facility in Corpus Christi.

The news comes on the heels of Cheniere’s announcement last month that it will sell about 1.2 million tons of LNG a year to state-run China National Petroleum Corporation as part of two sale agreements that extend through 2043. The deals marked the first long-term contracts to export U.S. LNG.


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