Cheniere Energy and CPC Corporation Sign Long-Term LNG Agreement for Taiwan
Published: 30 Mar 2026
Author: Precedence Research
Cheniere Energy and CPC Corporation, Taiwan, signed a long-term Sale and Purchase Agreement (SPA).
Cheniere Energy, Inc. announced that its subsidiary, Cheniere Marketing International LLP, signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with CPC Corporation, Taiwan (CPC). Under the agreement, Cheniere will deliver up to 1.2 million tonnes per annum (mtpa) of LNG to CPC from 2026 to 2050.
Corporate Milestone
The announcement coincided with Cheniere reporting its 2025 financial results and achieving first LNG production from Train 5 of the Corpus Christi Liquefaction (CCL) Stage 3 project. This Sale and Purchase Agreement (SPA) reinforce CPC’s strategic role in Taiwan’s energy sector and accelerates the commercial development of Cheniere’s brownfield projects. According to Cheniere CEO Jack Fusco, the deal improves CPC's ability to meet Taiwan's long-term energy priorities.
According to Towards Chem&Materials, the liquefied natural gas (LNG) market size accounted for USD 165.19 billion in 2025 and is predicted to increase from USD 174.85 billion in 2026 to approximately USD 291.67 billion by 2035, expanding at a CAGR of 5.85% from 2026 to 2035 as the transition towards cleaner energy sources is increasing globally.
About Cheniere
As the top LNG producer and exporter in the U.S., Cheniere Energy provides a dependable, secure, and cost-effective solution to the world's increasing demand for natural gas. They are a full-service provider, managing everything from gas procurement and transport to liquefaction, shipping, and final delivery.
About CPC
Founded on June 1, 1946, CPC Corporation is Taiwan’s state-owned energy giant. It serves as the backbone of the nation's energy security, managing the processing and distribution of oil and gas to maintain a stable domestic supply.
Transition to Cleaner Energy Accelerates the Liquefied Natural Gas (LNG) Market
- LNG is extensively adopted as a cleaner R-burning alternative to coal and oil for electricity generation, minimizing emissions of greenhouse gas.
- The rising electrification, ongoing urbanization, and market growth in the emerging regions are fuelling high consumption of natural gas.
- The transportation sector is rapidly adopting LNG as a cleaner marine fuel in response to stringent environmental regulations.
- Ongoing deployment of regasification terminals and FLNG (Floating Liquefied Natural Gas) units is minimizing logistical barriers.