Energy Transfer Partners enters long-term agreements for Lake Charles LNG

Dallas-based Energy Transfer LP has entered into three long-term offtake liquefied natural gas (LNG) agreements for its Lakes Charles LNG project, reports Rigzone.

The three non-binding heads of agreement (HOAs) combine for 3.6 million metric tons per annum of LNG to be exported to customers in Asia and the U.S. The HOAs are subject to the negotiation and execution of definitive agreements, Energy Transfer said. Read the entire story.