By Bloomberg News (Bloomberg) -- America’s biggest natural gas exporter is ready to sign long-term agreements with buyers in China, the world’s top market for the fuel, with or without a trade truce. Cheniere Energy Inc. isn’t delaying any liquefied natural gas deals because of the trade dispute, Chief Executive Officer Jack Fusco said in an interview in Shanghai. If that’s … [Read more...]
Sinopec May Ink 20-Year LNG Deal with Cheniere When Trade Spat Ends
By Chen Aizhu SINGAPORE, March 6 (Reuters) - China Petroleum and Chemical Corp plans to sign a 20-year liquefied natural gas (LNG) supply agreement with Cheniere Energy once China and the United States end their trade dispute, two sources with knowledge of the matter said on Wednesday. Cheniere and China Petroleum and Chemical, known as Sinopec, reached a consensus in … [Read more...]
LNG Commissioning Cargo Departs Cheniere’s Corpus Christi Liquefaction Facility
Cheniere Energy has announced that the first commissioning cargo of liquefied natural gas (LNG) has loaded and departed from its Corpus Christi liquefaction facility in Texas, marking the first export of LNG from The Lone Star State and from a "greenfield" liquefaction facility in the lower 48 states. The LNG was loaded on the LNG carrier Maria Energy, chartered by … [Read more...]
Cheniere Bets $15 Billion on World Gas Demand Despite Tariff
By Naureen S. Malik (Bloomberg) -- Wearing a hardhat and orange vest, Ari Aziz climbs metal steps under a blazing sun until he’s standing atop an 180-foot-high tank in Corpus Christi, Texas. It’s big enough, he proudly points out, to hold a jumbo jet placed diagonally. Aziz is supervising more than 100 workers who form a kind of SWAT team for Cheniere Energy Inc. They’re … [Read more...]
America’s Shale Gas Guru Seeks Buyers, Only Finds Partners
By Kelly Gilblom and Naureen S. Malik (Bloomberg) -- The billionaire evangelist of U.S. natural gas exports is finding himself having some surprising conversations these days. Charif Souki, who co-founded the only company shipping America’s shale gas bounty to foreign buyers, said when he flies to Asia or South America to sign deals for his new firm, no one’s … [Read more...]