Brief: ARC Resources Announces Long-Term Agreement With Cedar LNG And Heads Of Agreement For LNG Offtake

ARC Resources

04/04/2024 22:38

April 4 (Reuters) - ARC Resources Ltd  ARX.TO :
    * ARC RESOURCES LTD. ANNOUNCES LONG-TERM AGREEMENT WITH
CEDAR LNG
AND HEADS OF AGREEMENT FOR LNG OFFTAKE
    * ARC RESOURCES LTD -  LONG-TERM LIQUEFACTION TOLLING
SERVICES
AGREEMENT AND OTHER ANCILLARY AGREEMENTS WITH CEDAR LNG PARTNERS
LP
    * ARC RESOURCES LTD -  ARC WILL DELIVER ABOUT 200 MMCF PER
DAY OF
NATURAL GAS FOR LIQUEFACTION BY CEDAR LNG PROJECT FOR A TERM OF
20 YEARS
    * ARC RESOURCES LTD - ENTERED INTO A NON-BINDING HEADS OF
AGREEMENT WITH AN INVESTMENT-GRADE RATED COMPANY
    * ARC RESOURCES LTD -  HOA OUTLINES TERMS OF  ANTICIPATED
20-YEAR
LNG SPA FOR ENTIRETY OF ARC'S LNG DELIVERED FROM CEDAR LNG
PROJECT
    * ARC RESOURCES LTD - COMBINED WITH LIQUEFACTION AGREEMENT,
SPA
WILL PROVIDE ARC ACCESS TO INTERNATIONAL LNG PRICES FOR NATURAL
GAS SOLD AT CEDAR LNG

Source text for Eikon:  ID:nCNWBRmVba 
Further company coverage:  ARX.TO 

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