Cheniere Energy’s subsidiary Cheniere Marketing has entered into a liquefied natural gas sale & purchase agreement with South Korea’s largest steelmaker & owner of South Korea’s first private LNG terminal POSCO Holdings’s subsidiary POSCO International Corporation to sell approximately 0.4 million tonnes per annum of LNG from Cheniere Marketing on a free-on-board basis for a term of 20 years beginning in late 2026. The purchase price for LNG under the SPA is indexed to the Henry Hub price, plus a fixed liquefaction fee.The SPA is subject to Cheniere making a positive final investment decision to construct the Corpus Christi Stage III Project. The Corpus Christi Stage III Project is being developed to include up to seven midscale liquefaction trains with a total expected nominal production capacity of over 10 million tonnes per annum.Headquartered in Houston in Texas, Cheniere Energy is the leading producer & exporter of liquefied natural gas in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the US Gulf Coast, with total production capacity of approximately 45 million tonnes per annum of LNG in operation.POSCO International Corporation is one of South Korea’s leading companies and is engaged in the trading of steel, chemical, electronic and automobile products, as well as energy resource and infrastructure development. POSCO International was formerly known as POSCO Daewoo Corporation and changed its name to POSCO International Corporation in March 2019. POSCO International was founded in 1967 and is headquartered in Incheon in South Korea.