Cheniere Energy, Inc. (LNG) has announced a significant development in its business strategy through a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Galp Trading S.A. (Galp), a subsidiary of Galp Energia, SGPS, S.A. (GLPEY) . This agreement marks a key step for both companies and highlights the growing importance of LNG in the global energy mix.Overview of the AgreementAccording to the SPA, GLPEY has committed to purchase approximately 0.5 million tons per annum (mtpa) of LNG ...