Cheniere Energy has announced the substantial completion of the Train 2 at the Corpus Christ LNG liquefaction project. Substantial completion means that the project has been completed enough so that Cheniere can take over care, custody, and control of Train 2 and begin using it to export LNG. Cheniere’s EPC partner in the project, Bechtel Oil, Gas and Chemicals, is … [Read more...]
Cheniere Signals New LNG Pricing Structure with Apache Deal
By Sabina Zawadzki LONDON, June 3 (Reuters) - Cheniere Energy said on Monday it would buy natural gas from Apache Corp's Permian assets using a price mechanism linked to the liquefied natural gas (LNG) it ends up selling and not the typical U.S. natural gas benchmark. The deal is the first sign Cheniere, by far the largest U.S. LNG seller, may move away from its signature … [Read more...]
Cheniere Hunts U.S. LNG Export Deals with China, Trade Truce or Not
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...]