Cheniere Signs Long-Term Sale and Purchase Agreements to Supply QatarEnergy with LNG through 2054

The Sabine Pass expansion’s first phase is expected to add over 6 million tonnes of annual production capacity.

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HOUSTON--(BUSINESS WIRE)-- Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE: LNG) announced today that its subsidiaries, Sabine Pass Liquefaction, LLC (“SPL”) and Corpus Christi Liquefaction, LLC (“CCL”), have each entered into long-term liquefied natural gas (“LNG”) sale and purchase agreements (“SPA”) with QatarEnergy to supply a total of 4 million tonnes per annum (“mtpa”) of LNG through 2054.

Under the SPAs, QatarEnergy has agreed to purchase 2 mtpa of LNG from each of SPL and CCL on a free-on-board (FOB) basis for a purchase price indexed to the Henry Hub price plus a fixed fee. Deliveries under the SPAs will begin in the early 2030s and continue through the end of 2054, with 1 mtpa of the SPL SPA subject to a positive Final Investment Decision with respect to the first phase of the SPL Expansion Project.

“These pivotal, multi-decade agreements with QatarEnergy, one of the world’s most important energy companies and a cornerstone of the global LNG industry, represent a major long-term commercial commitment and reinforce Cheniere’s position as the leader in U.S. LNG,” said Jack Fusco, Chairman, President and Chief Executive Officer. “We take pride that Cheniere’s track record of operational excellence, reliability and long-term customer focus provided the foundation for this landmark commercial relationship with QatarEnergy. We look forward to reliably supplying QatarEnergy from both Sabine Pass and Corpus Christi into the second half of this century.”

SPL Expansion Project

Through Cheniere Energy Partners, L.P. (NYSE: CQP), we are developing an expansion of the existing Sabine Pass Liquefaction Project (“SPL Project”) with an expected total peak production capacity of up to approximately 20 mtpa of LNG (the “SPL Expansion Project”), inclusive of estimated debottlenecking opportunities, which would grow the total production capacity of the SPL Project to over 50 mtpa of LNG. We expect to execute the SPL Expansion Project in a phased approach. The first phase is expected to include a single train, Train 7, and a boil-off gas re-liquefaction unit, along with supporting infrastructure and tie-ins to the existing Sabine Pass LNG terminal, and has an expected total production capacity of over 6 mtpa of LNG, inclusive of estimated debottlenecking opportunities. In May 2026, the lump sum, turnkey engineering, procurement, and construction (EPC) contract with Bechtel Energy, Inc. (“Bechtel”) for the first phase of the SPL Expansion Project was signed, and Bechtel was released to commence early engineering and procurement under a limited notice to proceed (LNTP).

About Cheniere

Cheniere Energy, Inc. is the leading producer and exporter of LNG in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with total production capacity of approximately 56 mtpa of LNG in operation and an additional approximately 5 mtpa of expected production capacity under construction, inclusive of estimated debottlenecking opportunities. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, Dubai and Washington, D.C.

For additional information, please refer to the Cheniere website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the Securities and Exchange Commission.

Forward-Looking Statements

This press release contains certain statements that may include “forward-looking statements” within the meanings of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical or present facts or conditions, included herein are “forward-looking statements.” Included among “forward-looking statements” are, among other things, (i) statements regarding Cheniere’s financial and operational guidance, business strategy, plans and objectives, including the development, construction and operation of liquefaction facilities, (ii) statements regarding regulatory authorization and approval expectations, (iii) statements expressing beliefs and expectations regarding the development of Cheniere’s LNG terminal and pipeline businesses, including liquefaction facilities, (iv) statements regarding the business operations and prospects of third-parties, (v) statements regarding potential financing arrangements, (vi) statements regarding future discussions and entry into contracts, (vii) statements relating to Cheniere’s capital deployment, including intent, ability, extent, and timing of capital expenditures, debt repayment, dividends, share repurchases and execution on the capital allocation plan, and (viii) statements relating to our goals, commitments and strategies in relation to environmental matters. Although Cheniere believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Cheniere’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Cheniere’s periodic reports that are filed with and available from the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Cheniere does not assume a duty to update these forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261021078986/en/

Cheniere Energy, Inc.

Investors
Randy Bhatia 713-375-5479
Frances Smith 713-375-5753

Media Relations
Randy Bhatia 713-375-5479
Bernardo Fallas 713-375-5593

Source: Cheniere Energy, Inc.

Key Terms

free-on-board (fob) technical

Free-on-board (FOB) is a shipping term that states the exact point when responsibility and costs for goods transfer from seller to buyer—typically when the cargo is loaded onto the ship or carrier. For investors, FOB affects who bears shipping risk, when sales are recorded, and how inventory and transportation costs are reported, much like handing over a car’s keys at a specific spot decides who is responsible if anything happens next.

final investment decision financial

A final investment decision is the point at which a person or organization chooses to move forward with a particular project or purchase after reviewing all the necessary information and options. It is like deciding to buy a house after considering all the costs, benefits, and alternatives. This decision is important because it determines whether and when the investment will be made, impacting future financial plans and outcomes.

engineering, procurement, and construction (epc) technical

Engineering, procurement, and construction (EPC) is a contracting model in which one firm designs a project, buys the required equipment and materials, and builds the facility, delivering a finished, ready-to-operate asset. Investors care because EPC contracts bundle responsibility for cost, schedule and quality with a single party—like hiring a general contractor for a home renovation—so project risk, potential delays and cost overruns hinge on that contractor’s performance and financial strength.

limited notice to proceed technical

A limited notice to proceed is a short, partial green light from a client that lets a contractor begin specific early work—such as site preparation, ordering long‑lead materials, or hiring crews—before the full contract is signed. For investors it signals that a project is moving from planning toward execution, which can accelerate revenue timing but also exposes the company to early costs and schedule risk if the full contract terms change; think of it as starting the foundation before the final building permit paperwork is complete.