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Natural gas producer Chesapeake Energy Corp CHK-Q said on Monday it would supply Gunvor Group Ltd up to 2 million tonnes of liquefied natural gas (LNG) annually for 15 years.

U.S. LNG exporters have witnessed demand soar after Western sanctions on major producer Russia squeezed an already-tight global gas supply.

Under the deal, Chesapeake and Gunvor would jointly choose the liquefaction facility in the United States.

The supplies are slated to start in 2027.

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