Cheniere

Briefs — LNG

The tanker Energy Atlantic on Monday was stationed at a buoy offshore from Cheniere Energy Inc.’s Sabine Pass terminal in Louisiana and was expected to arrive at the facility Tuesday to begin loading its first cargo — and the first cargo of liquefied natural gas (LNG) to be exported from the Lower 48 (see Daily GPI,Dec. 23, 2015). Meanwhile, the first LNG cargo recently departed from the Australia Pacific LNG (APLNG) facility on Curtis Island in Queensland, Australia, ConocoPhillips said Monday. Construction of the APLNG facility began in 2011 and consists of two production units, each with the capacity to deliver 4.5 million tonnes per annum of LNG. Construction on the second production unit is nearing completion, with expected first LNG in the second half of 2016. The project is expected to be self-funding once the second unit comes online.

January 12, 2016

More NatGas Flowing to Sabine Pass; January Cargo Expected

Natural gas is making its way to Cheniere Energy’s Sabine Pass liquefied natural gas (LNG) terminal in Louisiana, with expectations for the first cargo to leave the facility in January.

December 23, 2015

CEO Souki Tossed Overboard Before Cheniere’s First Cargo Sails

Weeks before its Louisiana liquefied natural gas (LNG) terminal is due to send out its first cargo, Cheniere Energy Inc. has ousted company co-founder and CEO Charif Souki after he reportedly tangled with activist investor Carl Icahn, the company’s largest shareholder.

December 14, 2015

Cheniere Exec: Sabine to Produce ‘First Drop of LNG’ Next Month

Cheniere Energy Inc.’s Sabine Pass liquefied natural gas (LNG) terminal will begin operation in December, according to Vice President of Finance Tarek Souki.

November 25, 2015

G2 Says Louisiana LNG Terminal Could Be Online in 2020.

Executives with G2 LNG LLC officially announced their proposed $11 billion liquefied natural gas (LNG) export project on the Calcasieu River Ship Channel in Cameron Parish, LA, at a ceremony on Monday.

October 5, 2015

Cheniere Signs Another EDF Supply Deal at European Index

Cheniere Marketing International LLP has inked another liquefied natural gas (LNG) supply deal with Electricite de France SA (EDF) that is pegged to the Dutch Title Transfer index, a leading natural gas pricing index for continental Europe.

September 21, 2015

Corpus Christi Expansion Trains Get DOE Export OK

Cheniere Energy Inc.’s Corpus Christi Liquefaction LLC (CCL) may export up to 514 Bcf/year of liquefied domestic natural gas from trains four and five of its terminal, which is under construction in San Patricio and Nueces counties, TX, the U.S. Department of Energy (DOE) said Thursday.

August 31, 2015

Cheniere Selling LNG to EDF at European Spot Prices

A unit of Cheniere Energy Inc. has struck what is thought to be the first U.S. liquefied natural gas (LNG) supply deal linked to European spot prices, implying confidence in the staying power of low U.S. gas prices, analysts said.

August 13, 2015

Icahn Takes Cheniere Stake, Wants A Word With CEO Souki

Entities controlled by activist investor Carl Icahn have taken an 8.2% stake in first-moving, yet so far profitless liquefied natural gas (LNG) terminal developer Cheniere Energy Inc.

August 7, 2015
Cheniere’s Creole Trail Expansion Cleared For Service

Cheniere’s Creole Trail Expansion Cleared For Service

FERC on Monday granted Cheniere Energy Inc. permission to place into service its Creole Trail Expansion Project, located in Louisiana’s Beauregard and Cameron parishes.

April 28, 2015