LNG

Oct 12 (LNGJ) - The US Securities and Exchange Commission said it charged Nicolas Zanen, Vice President of Trading at a subsidiary of Cheniere Energy, the US LNG export plant development company, and a college friend, Francis J. Van Steenberge, with insider trading in Cheniere options ahead of announcements about Cheniere's entry into contracts with certain counterparties and Cheniere's public stock offering. The SEC's complaint alleges that "in 2011 and 2012, Van Steenberge traded on non-public information Zanen provided, resulting in profits of nearly $800,000, which the two intended to share as part of their arrangement."