Cheniere Energy Inc. stock shot up nearly 45% Tuesday after Total LNG USA Inc. and an affiliate of ChevronTexaco Global Gas reported they signed separate 20-year agreements with Cheniere subsidiary, Sabine Pass LNG LP, to buy a total of 1.7 Bcf/d of regasification capacity at the company’s proposed liquefied natural gas (LNG) receiving terminal on the Gulf Coast in Cameron Parish, LA.
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Cheniere Energy Stock Rockets After Inking LNG Deals with ChevronTexaco, Total
Cheniere Energy Inc. stock shot up nearly 45% Tuesday after Total LNG USA Inc. and an affiliate of ChevronTexaco Global Gas reported they signed separate 20-year agreements with Cheniere subsidiary, Sabine Pass LNG LP, to buy a total of 1.7 Bcf/d of regasification capacity at the company’s proposed liquefied natural gas (LNG) receiving terminal on the Gulf Coast in Cameron Parish, LA.
November 10, 2004
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