StocksMedium•29 September 2026•
1 min read
Cheniere Energy Signs 22-Year LNG Supply Deal with Petrobras
Key Facts
1Cheniere Energy's marketing unit entered into a long-term LNG sale and purchase agreement with Petrobras for a duration of 22 years.
Cheniere Energy's marketing unit entered into a long-term LNG sale and purchase agreement with Petrobras for a duration of 22 years. Reuters reported that the deal secures a multi-decade commitment between the energy supplier and Brazil's state-run oil company.
LNG closed at $269.65 on September 28, 2026, after reaching a session high of $273.42. The agreement is expected to provide significant long-term cash flow certainty and expand the company's footprint in the South American energy market.