Cheniere leadership change raises governance concerns
Cheniere’s move to combine the CEO and chairman roles under Jack Fusco, effective May 14, could accelerate decision-making – though investors remain wary about the concentration of power at the leading US LNG exporter, which has more than 53 mtpa capacity in operation.
Cheniere rushes to commission Corpus Christi Train 5
Cheniere Energy is fast-tracking the commissioning of Train 5 of its Corpus Christi LNG expansion project as US exporters rush to fill a widening global supply gap. CEO Jack Fusco said the broader seven‑train Stage 3 project is due completed by the end of 2026.
US LNG exporter Cheniere Energy ships 166 cargoes but net income hit by unfavourable derivative fair values
Cheniere Energy, the largest US liquefied natural gas exporter, shipped 166 LNG cargoes in the first quarter of 2024, though net profits were hit be unfavourable changes to the fair value of derivatives.
Largest US LNG exporter Cheniere Energy ships 637 cargoes for the year and derivative gains boost net income
Cheniere Energy, the largest US LNG exporter from two plants at Sabine Pass in Louisiana and Corpus Christi in Texas, shipped 637 cargoes last year and the company's registered annual net profits jumped more than six-fold due to very positive changes in the derivatives portfolio, though Cheniere forecasts showed that revenue-based earnings were likely heading for a decline in the coming year.
US LNG producer Cheniere to export volumes of Canadian gas and signs deal with OMV of landlocked Austria
Cheniere Energy, the largest US liquefied natural gas exporter with its two plants at Corpus Christi in Texas and Sabine Pass in Louisiana, said the Sabine expansion project known as SPL Stage 5 has signed a long-term Integrated Production Marketing gas supply agreement with the US unit of Canadian producer ARC Resources.
Cheniere signs LNG supply deal with China’s ENN group and the third in a month for Sabine Pass expansion
Cheniere Energy, the owner of the Sabine Pass liquefaction and export plant in Louisiana and the Corpus Christi facility in Texas, has signed its third long-term liquefied natural gas sale and purchase agreement in a month with that latest signatory being the Singapore-based trading arm of China’s ENN Natural Gas Group, an existing customer.
Cheniere signs long-term LNG supply deal with Korean utility for volumes from the Sabine Pass expansion
Cheniere Energy has signed a long-term liquefied natural gas sale and purchase agreement with the South Korean utility company, Korea Southern Power (KOSPO) for the Sabine Pass expansion project.
Cheniere Energy reports swing to profits with record first quarter output and the delivery of 167 cargoes
Cheniere Energy, the largest US LNG exporter, shipped 167 cargoes in the first quarter from the Sabine Pass plant in Louisiana and the Corpus Christi facility in Texas as it also swung to profits of $5.43 billion compared with $865M of losses in the prior-year quarter.
CERAWeek warned on ‘chaotic’ energy transition and need for more US pipeline and oil investment
CERAWeek, the five-day conference taking place in Houston and attended by around 5,500 delegates including leading LNG sector executives as well as politicians and officials, had a successful start discussing the “turbulent” world and energy markets and with one of the first speakers stressing that the energy transition must be an orderly process.
Cheniere posts revenue of $33Bln as 638 LNG cargoes shipped and 23 MPTA of new expansions planned
Cheniere Energy, the largest US LNG exporter, posted 2022 revenues of $33.4 billion as it shipped 638 cargoes worldwide because of soaring demand, 13 percent more than last year, and outlined its plans for adding 20 million tonnes per annum more to the Sabine Pass plant in Louisiana and further expanding the Corpus Christi plant in Texas.
