EQT Corp., the leading US natural gas producer in the Appalachia Shale Basin of the northeast US, said it was seeking overseas LNG customers after signing a second accord with a US Gulf Coast project and this time with the proposed Commonwealth LNG venture in Louisiana.

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EQT Corp., one of the leading US natural gas producers, reported a swing to first-quarter net profits as it reported improved average realised prices amid high cash flow from operations in the Appalachia shale-gas basins following the 2022 first-quarter losses that were caused by derivatives and tax impacts.

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The 41st edition of the CERAWeek energy conference in Houston attended by around 6,000 delegates focused on the second day on issues such as European and US natural gas and also on the main Texas commodity - crude oil.

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