LNG

Cheniere Energy, the front-running developer in the race to export surplus US natural gas as LNG, saw third-quarter revenues fall and costs rise from its current main LNG regasification and storage business on the US Gulf coast.

Cheniere said total revenues for the past three and nine months of 2011, were $64.9 million and $213M respectively, compared with revenues of $66.6M and $327M for the comparable periods in 2010.

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