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...]
Two Weeks After Harvey, Cheniere’s Sabine Pass is Shipping More Gas Than Ever
By Naureen S. Malik (Bloomberg) -- Two weeks after Hurricane Harvey flooded the U.S. Gulf Coast, brought shipping to a halt and knocked out power to millions, the only company sending U.S. shale gas overseas is back in business. In fact, Cheniere Energy Inc.’s flagship Sabine Pass terminal in Louisiana is liquefying more natural gas for export than ever. Cheniere fully … [Read more...]
Cheniere Who? Former Chief Starting His Own LNG Company
By Harry R. Weber and Tim Loh (Bloomberg) -- Charif Souki is doubling down on liquefied natural gas. Two months after the outspoken founder and chief executive officer of Cheniere Energy Inc. was removed from the company, Souki’s teaming up with former BG Group Plc executive Martin Houston to start an LNG company that Souki says can beat Cheniere at its own game. Their … [Read more...]
First Sabine Pass LNG Export Delayed to Late February or March
Christine Buurma and Harry R. Weber (Bloomberg) -- Cheniere Energy Inc. said its first cargo of liquefied natural gas from its new Louisiana export terminal will be delayed by as much as two months because of faulty wiring. The Houston-based company said it now plans to ship its first LNG cargo from Sabine Pass in late February or March, missing its previous estimate of the … [Read more...]
Cheniere Unsure If First U.S. LNG Will Be Shipped This Year
By Anna Shiryaevskaya (Bloomberg) -- Cheniere Energy Inc. is unsure if it will ship first cargo of liquefied natural gas from the lower 48 U.S. states this quarter or early next year, Chief Executive Officer Charif Souki said, signaling that the company could miss its original 2015 target. The Sabine Pass terminal in Louisiana, which will have six production … [Read more...]