LNG

The US expects to see the addition of up to 17 billion cubic feet per day of natural gas pipeline capacity by the year-end, mostly provided by takeaway capacity from supply basins for liquefied natural gas export facilities on the Gulf Coast of Louisiana and Texas and for pipelines to Mexico.

Cheniere Energy, the owner of the Sabine Pass LNG export project in Louisiana and the Corpus Christi facility in Texas, posted first-quarter revenues of $2.26 billion, slightly higher than a year ago amid higher expanses as the company ramped up its two plants and financed other projects.