Cheniere Energy Surges to 182nd in Trading Volume with $479 Million Day Despite Stock Decline

On May 29, 2025, Cheniere Energy (LNG) experienced a significant trading volume of $479 million, marking a 41.42% increase from the previous day. This surge placed Cheniere at the 182nd position in terms of trading volume for the day. However, despite the high trading volume, the stock price of Cheniere Energy (LNG) decreased by 0.77%.

Cheniere Energy, Inc. has announced a significant long-term agreement with Canadian Natural Resources Ltd. Under this integrated production marketing (IPM) gas supply agreement, a subsidiary of Canadian Natural Resources Ltd. will supply 140,000 million Btu per day of natural gas to Cheniere Marketing, LLC, for a period of 15 years, commencing in 2030. This agreement is contingent upon Cheniere making a positive final investment decision regarding the Sabine Pass liquefaction expansion project (SPL expansion project).

The SPL expansion project is designed to have a total production capacity of up to approximately 20 million tonnes per year of LNG, including estimated debottlenecking opportunities. The LNG associated with this gas supply, approximately 0.85 million tonnes per year, will be marketed by Cheniere Marketing. The pricing for the natural gas will be LNG-linked, based on the Platts Japan Korea Marker (JKM), with deductions for fixed LNG shipping costs and a fixed liquefaction fee.

This long-term agreement aligns with Cheniere's strategy to integrate gas supply with global LNG sales, providing greater certainty and stability for both parties involved. The deal is expected to commence in 2030 and will involve the sale of 140 billion metric British thermal units per day of natural gas by a subsidiary of Canadian Natural Resources Ltd.