Tuesday, April 29, 2025

First Suezmax Oil Tanker Loads U.S. Crude in Corpus Christi

Big step forward for US crude exports: Buckeye adds 1 MMBO incremental monthly export capacity from its Corpus Christi terminal This morning Buckeye Partners, L.P. (ticker: BPL) and Trafigura Trading LLC, a wholly-owned subsidiary of Trafigura Group Pte Ltd, announced the first shipment of crude oil by Suezmax tanker from the Buckeye Texas Hub terminal located along the ship channel

LNG

More U.S. Gas Earmarked for China: Cheniere, CNPC Go Long-Term

Cheniere Energy, Inc. (ticker: LNG) has entered into two LNG sale and purchase agreements (SPA) with China National Petroleum Corporation (CNPC). Under the SPAs with Cheniere’s subsidiaries, Corpus Christi Liquefaction, LLC and Cheniere Marketing International LLP, CNPC subsidiary PetroChina International Company Limited will purchase approximately 1.2 million tons per annum of LNG, with a portion of the supply beginning in

Cheniere Signs Another 15-Year LNG Contract

Cheniere Energy, Inc. (ticker: LNG) and its subsidiary Cheniere Marketing, LLC have entered into a LNG sale and purchase agreement (SPA) with Trafigura Pte Ltd., a Geneva-based independent trader of oil and petroleum products. Trafigura’s LNG team is based in Houston, Geneva and Singapore. Trafigura has agreed to purchase approximately 1 million tons per annum of LNG from Cheniere Marketing