Energy Transfer to supply LNG to SK Gas for 18 years

SK Gas

03/05/2022 18:10

May 3 (Reuters) - U.S. pipeline operator Energy Transfer LP
 ET.N  said on Tuesday it will supply 0.4 million tonnes of
liquefied natural gas (LNG) per year to South Korea's SK Gas
Trading LLC for 18 years.
    Long-term LNG contracts are ramping up as sanctions on
Russian fuel squeeze an already tightly supplied market and
increase global demand for U.S. LNG.  urn:newsml:reuters.com:*:nL2N2WU14A
    Energy Transfer said first deliveries are expected to begin
in 2026 from its Lake Charles export facility in Louisiana.
    This is Energy Transfer's fourth supply deal announced in
the last four weeks, bringing the total LNG contracted from its
Lake Charles project to 5.1 million tonnes per year.

 (Reporting by Ruhi Soni in Bengaluru; Editing by Krishna
Chandra Eluri)
 ((Ruhi.Soni@thomsonreuters.com;
Twitter: https://twitter.com/ruhithere;))