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RWE signs supply contract for liquefied natural gas from the US

German energy group RWE has signed a deal to supply liquefied natural gas from the US. The first deliveries are scheduled for 2027.

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The essentials in a nutshell

  • Starting in 2027, RWE is to receive 2.25 million tons of liquefied natural gas from the United States each year.
  • The energy company recently signed an agreement for this.

Energy group RWE has signed an annual supply contract for 2.25 million tonnes of liquefied natural gas (LNG) from the US. Deliveries should not start until 2027, RWE Supply & Trading announced on Wednesday.

Agreed Vol According to the company, this corresponds to about 30 ship loads per year, or about 3 billion cubic meters of natural gas.

The duration of the agreement is 15 years. The contract partner is an American company Sempra Infrastructure. It designs, builds and services LNG plants and LNG development projects along the Gulf Coast of North America and the Pacific Coast of Mexico.

Deliveries go everywhere from RWE

LNG will be supplied from the new terminal, which is expected to be operational by 2027. Have a terminal in Port Arthur, Texas to stand RWE can deliver anywhere in the world. For example, LNG import facilities in Germany, it said.

Andre Strack, President of RWE Supply & Trading, described the deal as an important step towards diversifying Germany’s gas supply.