Cheniere Energy Strikes LNG Supply Deal With BASF ...Middle East

The United States’ largest producer of liquefied natural gas (LNG), Cheniere Energy (NYSE:LNG), has struck a deal with Germany’s BASF SE (OTCQX:BASFY) to supply the chemical giant with 0.8 million tonnes per annum (mtpa) of LNG to the chemicals giant.  The BASF deal is one of several long-term supply deals Cheniere has signed so far this year. Back in June, Cheniere signed a long-term LNG sale and purchase agreement with China’s ENN Energy Holdings. Under terms of the deal, ENN will purchase ~1.8M metric tons/year of LNG…

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