Petrobras signs 22-year LNG supply agreement with Cheniere Marketing for 800,000 tpy
Type: Supply Agreement · Technology: Gas · Country: Brazil · Announced: 2026-09-29
Petrobras signed a 22-year contract with Cheniere Marketing on 2026-09-29 to purchase 800,000 tonnes per year of liquefied natural gas (LNG). The supply will be sourced from Cheniere Energy’s U.S. liquefaction terminals, including Sabine Pass in Louisiana and Corpus Christi in Texas, which together have about 56 million tonnes per year of capacity. Petrobras described the long-term purchase as part of a strategy to reduce exposure to price volatility and to increase flexibility and security in meeting its contractual obligations in Brazil. This agreement follows a separate recent procurement announced with Sempra Infrastructure for 800,000 tonnes per year over 20 years, marking a continuation of Petrobras’s multi-year LNG offtake contracting in 2026. No monetary value for the Cheniere Marketing contract was disclosed in the article.
Counterparties
- Cheniere Energy (Parent Company)
- Cheniere Marketing, LLC (Seller)
- Petrobras (Buyer)
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