NYSE:EQTOil and Gas
EQT Deepens LNG Ties With Commonwealth And Glencore To Shape Future Cash Flows
EQT (NYSE:EQT) agreed to purchase an additional 1 million metric tons of LNG per year from Commonwealth LNG, bringing its total contracted volume to 2 million tons annually.
Glencore now has long-term commitments for 3 million tons of LNG per year from Commonwealth LNG.
With these contracts, Commonwealth LNG reports that 8 of its planned 9.5 million tons of annual capacity is now under long-term agreements.
EQT is a major U.S. natural gas producer, and this latest LNG deal increases its...