Chesapeake Seeks More LNG Deals, Wants 20% of Production Going Intl

In March, Chesapeake Energy announced a 15-year deal to provide natural gas for LNG exports to Gunvor Singapore Pte (see Chesapeake Cuts Back on Marcellus, Signs Haynesville LNG Deal). In an interview with S&P Global Commodity Insights at the time, Chesapeake CEO Nick Dell'Osso expressed the view that over the next several years, as much as 20% or 25% of U.S. production will flow to international markets (see Chesapeake CEO Says 20-25% of U.S. Gas Production Will be Exported). Dell'Osso is acting on that belief, attempting to find more deals for the company to export LNG.

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