Change of Mind

Change of Mind

Postby Fraser921 » Sat Nov 13, 2021 3:19 pm

6 months ago , a utility in France said they wouldn't buy US fracked gas. It got the desired media attention. Update:

The US Department of Energy has revealed that US liquefied natural gas exporter Cheniere Energy has signed a firm medium-term supply deal with French utility Engie from volumes produced at the Corpus Christi plant in Texas.

The DoE outlined the agreement as lasting for 11 year and amounting to between 400,000 tonnes and 1.2 million tonnes per annum on a free-on-board (FOB) basis whereby the French company pays for the shipping.

Analysts say the secrecy could be because the French government under President Emmanuel Macron had resolved to curb imports of LNG produced from hydraulic fracturing for shale gas.

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