Chesapeake strikes 15-year LNG supply deal with Gunvor


Adds details, background

March 6 (Reuters) - Natural gas producer Chesapeake Energy Corp CHK.O said on Monday it would supply Gunvor Group Ltd up to 2 million tonnes of liquefied natural gas (LNG) annually for 15 years.

U.S. LNG exporters have witnessed demand soar after Western sanctions on major producer Russia squeezed an already-tight global gas supply.

Under the deal, Chesapeake and Gunvor would jointly choose the liquefaction facility in the United States.

The supplies are slated to start in 2027.

(Reporting by Sourasis Bose in Bengaluru Editing by Vinay Dwivedi)


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