Cheniere and QatarEnergy sign long-term LNG sales and purchase agreement

(1) Cheniere Energy announced that its subsidiaries, Sabine Pass Liquefaction and Corpus Christi Liquefaction, have respectively signed long-term liquefied natural gas sales and purchase agreements with QatarEnergy, with a total annual supply of approximately 4 million tons, valid until 2054. (2) According to the agreements, QatarEnergy will purchase about 2 million tons of liquefied natural gas per year from each of the two subsidiaries on an FOB basis, with the purchase price linked to the Henry Hub price plus a fixed fee. (3) Delivery will commence in the early 2030s and continue until the end of 2054, with approximately 1 million tons per year under the Sabine Pass agreement subject to the final investment decision of Phase 1 of the Sabine Pass expansion project.