Diversified Energy Company PLC ( DEC - Free Report ) has entered into a three-year liquefied natural gas (LNG) supply agreement with a well-known Gulf Coast LNG export facility, signifying a major step toward global energy security. The supply contract, set to begin in November 2024, includes the provision of supplying 40 billion cubic feet of natural gas and will take place under a fixed pricing strategy indexed to rates in the Gulf Coast. The deal highlights DEC's dedication to ensuring energy security for companies globally, addressing problems like geopolitical tensions, supply disruptions, rising demands and changing patterns of consumers.