US LNG plants owner Cheniere posts 2022 revenue surge to over $24Bln while posting derivative net losses
Cheniere Energy, the largest exporter of US LNG from two plants in Louisiana and Texas, reported third-quarter revenue of $8.85 billion and nine-month income of $24.34Bln in the first nine months of 2022, though posted quarterly and nine-month non-cash losses of $2.385Bln and $2.509Bln because of derivatives.
Chinese LNG imports surge 16 percent as demand still high and World No. 1 importer spot is in sight
Chinese liquefied natural gas imports surged just over 16 percent in the past month as natural gas demand for the nation’s economic growth showed no signs of slowing amid a gas infrastructure build-out.
Freeport LNG ships its first cargo from the second liquefaction Train at Quintana Island
Freeport LNG shipped its first cargo from the second liquefaction Train at the export facility on Quintana Island in Texas.
First LNG cargo shipment is awaited from sixth US export plant at Elba Island in Georgia
The Elba Island LNG liquefaction plant in the state of Georgia, the sixth US export facility to start up, was expected to load its first cargo after coming on stream in October.
US streamlines LNG export requirements by easing company reporting of cargo end-users
The US Department of Energy has eased reporting mandates for liquefied natural gas exporters that would keep track of the ultimate end-user of the natural gas shipped overseas.
