When and from where will BASF begin receiving US LNG, and what is the volume and duration of the supply agreement?

BASF will begin receiving US liquefied natural gas (LNG) from the US Gulf in the third quarter of 2026, under a long-term purchase agreement with Cheniere Energy signed in 2023; the deal provides for deliveries of 0.8 million tonnes per year of LNG between 2026 and 2043, purchased on a free on board (FOB) basis at a price indexed to Henry Hub values plus a fixed liquefaction fee.

Which BASF production sites in Europe are expected to benefit most from the new US LNG supply, and why are they prioritized?

BASF sites in Ludwigshafen and Schwarzheide in Germany, and Antwerp in Belgium are expected to benefit particularly from the agreement because they represent the bulk of the company’s natural gas demand in Europe and are its largest production plants.

BASF Germany, Belgium sites to receive US LNG from Q3 2026

Apr 28, 2026

BASF plans to import 0.8 million tonnes/year of US LNG starting Q3 2026 via a long-term deal with Cheniere Energy to power its German and Belgian plants. This secures energy supplies as part of its diversification strategy.

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BASF Germany, Belgium sites to receive US LNG from Q3 2026

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