Ignitis signs long-term LNG purchase deal with EQT subsidiary for 2027-2036 supply
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EQT• Long-term LNG supply deal
- Ignitis will sign a long-term LNG purchase agreement for 2027-2036 with an EQT Corporation subsidiary.
Commitment covers 10 LNG cargoes, with one cargo of about 1 TWh per year.Pricing links to U.S. Henry Hub and Europe’s TTF benchmarks.Deal targets household gas supply in Lithuania, supporting diversification and hedging against price volatility.Transaction requires national security review in Lithuania, with completion also subject to the supplier’s internal approvals.•
Ignitis signs long-term LNG purchase deal with EQT subsidiary for 2027-2036 supply - EQT News | Rallies