Cheniere Energy Inc. loaded a record 141 liquefied natural gas (LNG) cargoes in the third quarter as prices skyrocketed and global demand increased ahead of the winter. Management expects more of the same in the coming months. 

“In the short term, we have witnessed significant volatility and record prices for LNG and natural gas across the globe,” said CEO Jack Fusco during a call to discuss quarterly results. “With storage levels in key demand centers below historic levels as we approach the winter season, we expect demand and prices to remain elevated into 2022.  

Cheniere said global LNG consumption jumped 7% in the third quarter as markets across the globe competed for energy amid other commodity shortages, a need for cleaner fuels and resurgent demand as economies...