Cheniere Energy inks 20-year supply deal with Korea Gas

Houston

ADD South Korea to the growing list of regulars buying America's shale gas.

Cheniere Energy Inc, the sole exporter of liquefied natural gas (LNG) from US shale basins, commenced a 20-year supply agreement with Korea Gas Corp at a ceremony in Louisiana on Sunday.

Under the deal, Cheniere may ship almost 183 trillion thermal units of the supercooled fuel a year to South Korea, the world's biggest LNG buyer, representing at …