Cheniere Reported to Sell QatarEnergy 4 mtpa of US LNG
Offshore Technology reports 2 mtpa each from Sabine Pass and Corpus Christi through 2054; no company release found.
Cheniere Energy is reported to have agreed two long-term supply deals to sell QatarEnergy a combined 4 mtpa of LNG through 2054, flowing from US plants to Qatar. Per Offshore Technology, pricing is Henry Hub-linked plus a fixed fee, on a free-on-board basis. We have not located a company release confirming terms.
The Gulf Barrel Desk · 2 min read- Offshore Technology reported on 23 October 2026 that Cheniere Energy signed SPAs to supply QatarEnergy with a combined 4 mtpa of LNG through 2054.
- The report splits the volume 2 mtpa from Sabine Pass Liquefaction and 2 mtpa from Corpus Christi Liquefaction.
- Reportedly 1 mtpa of the Sabine Pass volume depends on a positive final investment decision on phase one of the Sabine Pass expansion.
- The report describes free-on-board sales priced at Henry Hub plus a fixed fee; start dates and the fee level are not given.
- As of 24 October 2026 no Cheniere or QatarEnergy release was located, so all figures rest on one trade report. This is analysis, not trading advice.
Offshore Technology reported on 23 October 2026 that Cheniere Energy has signed long-term sale and purchase agreements to supply QatarEnergy with a combined 4 mtpa of LNG through 2054. As of 24 October 2026 we have not located a Cheniere or QatarEnergy release or filing, so every figure below is reported, not confirmed, and rests on that single trade report.
What was reported
Offshore Technology says the agreements cover 2 mtpa from Sabine Pass Liquefaction and 2 mtpa from Corpus Christi Liquefaction, 4 mtpa combined, running through 2054. It reports that 1 mtpa of the Sabine Pass volume depends on a positive final investment decision on phase one of the Sabine Pass expansion. The report quotes Cheniere chief executive Jack Fusco calling them multi-decade agreements. We found no linked primary document confirming these details.
Pricing and what it implies
The report states the sales are free-on-board and priced at Henry Hub plus a fixed fee. That matches the structure GIIGNL described for Cheniere's June 2022 Chevron agreements, tied to Henry Hub plus a fixed liquefaction fee. For a Gulf buyer, such terms would mean US gas-price exposure and arranging its own shipping. The report gives no start date or fee level, so the economics cannot be sized here.
Why the direction of flow matters
The notable point is direction: the report has LNG moving from US plants to QatarEnergy, reversing the usual picture of Qatar as a pure exporter. The report does not say why QatarEnergy wants the volumes, so any motive, such as portfolio flexibility, would be our inference. Watch for a Cheniere announcement or filing, the expansion investment decision and any QatarEnergy comment. This is analysis, not advice.
- What did Cheniere reportedly agree with QatarEnergy?
- Offshore Technology reports long-term sale and purchase agreements for a combined 4 mtpa of LNG through 2054, with 2 mtpa from Sabine Pass Liquefaction and 2 mtpa from Corpus Christi Liquefaction.
- How is the LNG reportedly priced?
- The report states a free-on-board basis with pricing linked to the Henry Hub index plus a fixed fee. The fee level and start dates are not disclosed in the item reviewed.
- Has the deal been confirmed by the companies?
- Not in anything we could locate as of 24 October 2026. The report quotes Cheniere chief executive Jack Fusco, but we found no linked release or filing, so the figures should be treated as reported, not confirmed.
- Cheniere signs LNG supply deals with QatarEnergy through 2054 — Offshore Technology
- Cheniere and Chevron signed two SPAs — GIIGNL