EQT Corp and Glencore each agreed to purchase an additional 1 million metric tons per annum (total +2 mmtpa) of LNG from Commonwealth LNG under 20-year contracts, per a regulatory filing. The long-term deals materially increase contracted volume for Commonwealth LNG and move the U.S. export project closer to a final investment decision, supporting project financing prospects and underpinning long-term U.S. LNG supply visibility.
EQT Corp and Glencore each agreed to purchase an additional 1 million metric tons per annum (total +2 mmtpa) of LNG from Commonwealth LNG under 20-year contracts, per a regulatory filing. The long-term deals materially increase contracted volume for Commonwealth LNG and move the U.S. export project closer to a final investment decision, supporting project financing prospects and underpinning long-term U.S. LNG supply visibility.
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