$LNG Liquid Natural Gas Double top this year at $
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Posted On: 06/26/2017 5:45:47 PM
$LNG Liquid Natural Gas
Double top this year at $50
up channel $48.26
25% x 80% strong buy
float 230M
Website
Cheniere, KOGAS Celebrate Commencement of 20-year LNG Contract
HOUSTON and SEOUL, South Korea, June 25, 2017 /PRNewswire/ -- Cheniere Energy Inc. (NYSE MKT: LNG) and Korea Gas Corporation (KOGAS) today hailed the commencement of their 20-year Sales and Purchase Agreement (SPA) to supply U.S.-sourced LNG to KOGAS from the Sabine Pass Liquefaction facility in Louisiana. The SPA, which was originally signed in January of 2012, officially commenced on June 1, 2017, with the first cargo loading the following day.
Under the terms of the SPA, Cheniere shall sell and make available for delivery to KOGAS approximately 3.5 million tonnes of LNG per year, which represents more than 10 percent of South Korea's total annual demand.
Double top this year at $50
up channel $48.26
25% x 80% strong buy
float 230M
Website
Cheniere, KOGAS Celebrate Commencement of 20-year LNG Contract
HOUSTON and SEOUL, South Korea, June 25, 2017 /PRNewswire/ -- Cheniere Energy Inc. (NYSE MKT: LNG) and Korea Gas Corporation (KOGAS) today hailed the commencement of their 20-year Sales and Purchase Agreement (SPA) to supply U.S.-sourced LNG to KOGAS from the Sabine Pass Liquefaction facility in Louisiana. The SPA, which was originally signed in January of 2012, officially commenced on June 1, 2017, with the first cargo loading the following day.
Under the terms of the SPA, Cheniere shall sell and make available for delivery to KOGAS approximately 3.5 million tonnes of LNG per year, which represents more than 10 percent of South Korea's total annual demand.
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