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...]

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...]