NEW YORK (TheStreet) -- Cheniere Energy (LNG) is on fire. In the last 24 hours, the company has announced two major contracts for its planned Corpus Christi liquefied natural gas, or LNG, export terminal. And more deals could be on their way.
Yesterday, Cheniere said that it signed a 20-year agreement with Australia's Woodside Petroleum (WOPEY) to supply natural gas. Today, Cheniere said that it entered into another 20-year sale and purchase agreement with Indonesia's state-owned Pertamina to supply 760,000 tons per year of LNG.
So far, Cheniere has entered into agreements that cover more than 50% capacity of its second terminal at Corpus Christi. In a statement, Cheniere's CEO Charif Souki said that the company is eyeing additional deals in the coming months which will allow it to make "a final investment decision and begin construction by early 2015."
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