Enterprise World Inc signed a 20-year deal to promote 1.5 million metric tons each year (MMtpa) of United States liquefied pure gasoline (LNG) to Hanwha Aerospace Co Ltd, the businesses stated Friday.
“Enterprise World is thrilled to announce our first long-term provide deal in Korea via a brand new partnership with Hanwha Aerospace which marks one other necessary step in increasing dependable, long-term LNG provide to our companions in Asia”, Enterprise World chief government Mike Sabel stated in a joint assertion.
The settlement, which offers for the beginning of deliveries in 2030, brings the long-term contracted portfolio of the Arlington, Virginia-based LNG developer to 46 MMtpa, the assertion stated.
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Final yr the corporate added Greece to its accomplice international locations for long-term LNG export. A separate settlement with Eni SpA additionally made Enterprise World the primary U.S. LNG producer to safe long-term dedication from the Italian state-backed power main, in keeping with Enterprise World.
Atlantic-See LNG Commerce SA, fashioned final yr by Greek firms Aktor Group and DEPA Business SMSA, signed up for a minimum of 0.5 MMtpa of LNG for 20 years from 2030. The settlement offers for a possible quantity improve.
“This deal marks Greece’s first-ever long-term LNG provide settlement with a U.S. exporter, launching a dynamic and rising partnership between Atlantic-See LNG and Enterprise World”, Enterprise World stated in a press launch November 7, 2025.
In the meantime Eni positioned an order for two MMtpa for 20 years from Enterprise World’s under-construction CP2 LNG in Cameron Parish, Louisiana. Deliveries are to begin 2030. CP2 LNG is anticipated to begin up 2027.
“The settlement is Eni’s first long-term LNG provide from the USA and represents a major milestone in Eni’s technique to develop and diversify its international LNG footprint, enhancing portfolio flexibility. A part of these volumes will contribute to the diversification of Europe’s gasoline provides”, Eni stated in a press release July 16, 2025.
“Enterprise World’s confirmed success in venture supply will assist Eni’s ambitions to develop its LNG portfolio to roughly 20 MTPA [million metric tons per annum] of contracted volumes by 2030, and to develop its buying and selling enterprise whereas assembly the evolving wants of shoppers throughout key markets worldwide”.
Enterprise World has already been supplying Italy with LNG via its Calcasieu Move and Plaquemines LNG amenities, in keeping with Enterprise World.
Enterprise World not too long ago utilized for a development allow earlier than the Federal Vitality Regulatory Fee and export authorization earlier than the Division of Vitality (DOE) for a venture so as to add over 30 MMtpa of capability to the Plaquemines LNG advanced in Plaquemines Parish, Louisiana.
An organization assertion November 17, 2025 stated the enlargement venture’s capability has been elevated almost 40 p.c from the preliminary announcement “because of the continued optimization of our liquefaction trains and robust market demand”.
“This bolt-on enlargement might be constructed incrementally in three phases and encompass 32 modular liquefaction trains… This can carry the entire peak manufacturing capability throughout your complete Plaquemines advanced to over 58 MTPA [million metric tons per annum]”, Enterprise World stated.
Enterprise World shipped the primary LNG cargo from Plaquemines LNG over a yr in the past, as introduced by the corporate December 26, 2024.
To contact the writer, e-mail jov.onsat@rigzone.com
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