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Kirkland says it advised EQT on LNG supply agreement with Lithuania’s Ignitis
Kirkland & Ellis said it advised EQT Corporation on a liquefied natural gas supply agreement with Ignitis, a subsidiary of Lithuania’s state-owned Ignitis Group. The firm described the agreement as Ignitis’s first long-term gas supply contract with a U.S. company.
Key points
- Kirkland said the agreement covered 10 LNG cargoes delivered between 2027 and 2036.Kirkland & Ellis
- The firm said one cargo would be delivered annually, equivalent to approximately one terawatt-hour of gas.Kirkland & Ellis
- Kirkland named Chris Peponis, Josh Ryu, Andy Yuan, Siyao Liu and James Ticknor as its project development and finance lawyers.Kirkland & Ellis
- The firm said James Boswell and Tina Xu provided debt finance advice.Kirkland & Ellis