Cheniere Energy Signs 22-Year LNG Supply Deal with Petrobras

Key Facts

1Cheniere Energy secured a 22-year contract to supply 0.8 million metric tons per annum of LNG to Petrobras.

2Petrobras aims to reduce its exposure to LNG spot market volatility through this long-term agreement.

Cheniere Energy secured a 22-year contract to supply 0.8 million metric tons per annum of liquefied natural gas to Petrobras. Reuters reported that the agreement provides Cheniere with long-term cash flow visibility to support its expansion plans.

LNG closed at $267.29 on September 29, 2026, while SRE closed at $78.18 on the same date. Petrobras aims to stabilize its energy costs through this deal, reducing its direct exposure to volatile LNG spot markets in line with recent industry trends.