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Announced

Glencore to acquire liquefied natural gas business from Cheniere Energy.

Synopsis

Glencore, a British–Swiss multinational commodity trading and mining company, agreed to acquire liquefied natural gas business from Cheniere Energy, an international energy company. Financial terms were not disclosed. "This SPA further builds upon Cheniere's commercial momentum, marking another important milestone in contracting our LNG capacity ahead of an FID (final investment decision) of Corpus Christi Stage 3, which we expect to occur next year," Jack Fusco, Cheniere CEO.

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