LNG

Cheniere Energy, the largest US LNG exporter from the Sabine Pass plant in Louisiana and the Corpus Christi facility in Texas, said the global LNG market had strengthened significantly and it hoped to increase shipments to China as it reported mixed earnings while still posting $9.58 billion of annual revenues and shipping 391 cargoes in 2020.

McDermott International Inc., one of the main firms involved in the US Gulf Coast build-out of liquefaction and export plants, was the subject of speculation at the Gastech 2019 conference in Houston after its shares plunged more than 60 percent and trading was suspended.