Energy Transfer rises on LNG supply deal with China Gas

China Gas Holdings

06/06/2022 11:12

** Shares of Energy Transfer LP  ET.N  rise 1% to $11.97
premarket 
    ** ET to supply 0.7 million tonnes of liquefied natural gas
(LNG) a year to China Gas Holdings  0384.HK   urn:newsml:reuters.com:*:nL4N2XT185
    ** The supply deal is for a term of 25 years and the first
deliveries are expected to commence as early as 2026
    ** LNG to be supplied from Energy Transfer's Lake Charles
LNG export facility in Louisiana
    ** ET up 44% YTD

 (Reporting by Arunima Kumar in Bengaluru)
 ((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94))