Charif Souki, Chief Executive Officer of Cheniere Energy, Inc. (NYSE MKT: LNG), presented today at EnerCom’s The Oil & Gas Conference® 20. Cheniere Energy is developing natural gas liquefaction facilities at the Sabine Pass LNG terminal adjacent to the existing regasification facilities. Cheniere Partners plans to construct over time up to six liquefaction trains, which are in various stages of development. In
– Building $550 Million Condensate Storage and Marine Terminal – Cheniere Partners Taking on $5.8 Billion Debt to Build Train 5 at Sabine Pass LNG Export Facility Cheniere Energy (ticker: LNG) is moving forward now on several energy export fronts. Word came out this week that the company’s plans are moving forward to construct a $550 million export terminal in
Cheniere Energy’s Sabine Pass LNG export facility reports progress on construction Cheniere Energy (ticker: LNG) released an update on its Sabine Pass project in Cameron Parish, Louisiana, today. According to the company, engineering and procurement for the first two trains of the project are 100% complete, with construction well under way. Subcontract and direct hire construction work for Stage 1,
Project expansions to be funded from internally generated cash flow The United States’ first liquefied natural gas (LNG) export terminal is on target for completion by year-end 2015, and its operator, Cheniere Energy (ticker: LNG) is ramping up additional operations. On June 11, 2015, Cheniere announced two additional project developments that could increase the company’s nominal production capacity by as
Cheniere executive indicates that China may buy LNG from the company “There’s a lot of interest from Chinese buyers for long-term LNG volume, especially for 2020 onwards,” Cheniere Vice President for Asia at Cheniere Marketing Pte Ltd Nicolas Zanen, on the sidelines of the Asia Oil and Gas Conference in Kuala Lumpur, told Reuters. Cheniere Energy (ticker: LNG) is set
Environmental concerns in Canada prompt First Nations to turn down $1 billion offer A First Nations group in British Columbia has unanimously voted against allowing a liquefied natural gas ship terminal near the community. The terminal would be part of a larger overall pipeline and gas project led by Pacific NorthWest LNG that the group values at $36 billion. Pacific
Is LNG Development Dying as Oil Prices Slide? The idea of converting natural gas to liquid form in order to export vast amounts of U.S. shale gas to international customers has caught the attention of U.S. drillers, energy export entrepreneurs and energy-hungry customers around the world. Prospective customers abound. Across the Atlantic, you’ve got European countries wanting to lessen their dependency on Russia as their primary supplier of energy. And
View PDF of Interview Slides – Download Video File U.S. Exports of liquefied natural gas (LNG) have been at the forefront of discussions about North America’s evolving energy revolution. U.S. LNG export projects are expected to come online throughout North America by the end of the decade, and the company at the front of the pack is Cheniere Energy (ticker: LNG).
Cove Point Begins Construction, Freeport Secures Financing Japanese/Asian Customers Lock Up Capacity of Both Projects With three years of governmental review and permitting out of the way, Dominion (ticker: D) announced today it has begun construction activities on its Cove Point LNG Export project on the western shore of the Chesapeake Bay in Maryland. The estimated price tag to add
At one of today’s sessions at the 2014 Natural Gas Symposium in Denver, hosted by Colorado State University’s Energy Institute, panelists discussed global implications of the abundance and accessibility of North American natural gas and how the shale revolution is changing the geopolitics of energy. The panel looked at such things as how U.S. shale gas could affect global economic
