Cheniere Energy News

 

Cheniere to Roll Out Second LNG Unit

May 26, 2016

Cheniere Energy Inc. plans to start exporting liquefied natural gas in August from a second plant at its Sabine Pass terminal in Cameron Parish, according to a report from Bloomberg News.  Cheniere began exporting LNG in February from its first unit at Sabine Pass…

US LNG Shipments Point to Global Gas Price Convergence

May 16, 2016

The emergence of US liquefied natural gas as a competitive alternative for European and Asian customers, combined with an oversupplied market, should drive more convergence between natural gas prices at major hubs and weaken the link between gas and oil prices…

Cheniere Appoints Jack Fusco as CEO

May 13, 2016

Jack Fusco was named chief executive and chairman of Cheniere Energy Monday, ending a leadership search that began after activist investor Carl Icahn ousted the company’s founder. Fusco's installation as Cheniere’s new chief comes after…

Japan in Race for Asian LNG Hub

May 13, 2016

Japan, the world’s largest buyer of liquefied natural gas is aiming to establish an international liquefied natural gas (LNG)  trading hub by the early 2020s, according to a statement by Japanese Ministry of Economy, Trade and Industry (METI)…

Cheniere Delays First LNG Shipment from Sabine Pass Terminal

Jan 15, 2016

The Sabine Pass liquefied natural gas (LNG) terminal will ship its first cargo later than initially thought, according to an announcement by Cheniere Energy Partners LP. The Houston-based company now forecasts that its first shipment will…

Cheniere Begins Production At Louisiana LNG Terminal

Jan 01, 2016

Houston-based Cheniere Energy Inc has began production at what will become the first U.S. terminal to export natural gas from shale formations.  It has officially flipped the switch at its liquified natural gas (LNG) export terminal in Louisiana…

Coast Guard, Industry Navigate Future of Liquefied Gas

Dec 22, 2015

Senior U.S. Coast Guard leaders and liquefied-gas-industry experts from around the country came together the second week of December at Sector Houston-Galveston to prepare for the increased use of liquefied gases throughout the maritime community…

Next Exxon CEO Likely to be Internal Candidate

Dec 15, 2015

Exxon Mobil Corp's appointment of the head of its refining business as its new president makes him the probable successor to Chief Executive Rex Tillerson and was designed to avoid raising eyebrows on Wall Street, analysts said on Monday.The new president…

Greek-US Plan for an LNG Terminal

Oct 22, 2015

Greece and the US are likely to reveal a joint venture to develop a liquefied natural gas (LNG) terminal when US Secretary of State John Kerry makes an official visit to Athens in November. According to a local news report in eKathimerini…

Atlantis Chief Joins Ocean Energy

Sep 29, 2015

Tim Cornelius, CEO of global tidal developer Atlantis Resources has taken a seat on the Board of Directors of Ocean Energy Europe – the industry group for ocean renewable energy – by becoming a Lead Sponsor of the organisation.  The move…

Cheniere to Ship LNG Cargoes to France

Sep 22, 2015

Cheniere Energy agrees to send 24 cargoes of liquefied natural gas (LNG), or 89T BTUs, from its Sabine Pass Terminal in Louisiana in 2017 and 2018 to French state-controlled power utility  Electricite de France (EDF), its second deal in two…

Cheniere to Sell 24 LNG Cargoes to EDF

Sep 21, 2015

U.S. liquefied natural gas (LNG) exporter Cheniere Energy announced on Monday a deal to sell up to 24 cargoes to French energy giant EDF from 2017 through 2018.Under the deal, the sales price of the shipments will be linked to the Title Transfer Facility (TTF) in the Netherlands…

Cheniere’s Maiden LNG Spot Deal At $7.20/MMBtu

Jun 29, 2015

Cheniere concluded its maiden LNG spot trade earlier this week at for late-July delivery to an Asian buyer, reports Platts quoting a source with direct knowledge of the deal. Sources told Platts that the maiden trade was completed at $7…

Gail to Sell LNG Supplies from US to Shell?

May 21, 2015

GAIL (India) Ltd has signed a preliminary deal with Royal Dutch Shell for the potential sale of liquefied natural gas (LNG) supply sourced from its portfolio, made up of US production, says Reuters and local media reports.   Gail, a Maharatna public sector company…

US to Export LNG to China

May 20, 2015

Buyers from China are looking at long term liquefied natural gas (LNG) supplies from US firm Cheniere Energy, news agency Reuters quoted a company official as saying. This would be the first LNG deal between the world's two biggest energy users…

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