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Cheniere Energy, Inc. (LNG) Turns Liquefied Gas into Liquidity

Cheniere Energy, Inc. (NYSEMKT:LNG) is currently an energy company specialized in working with natural gas. It recently started a project to install liquefaction services at the Sabine Pass LNG receiving terminal in Cameron Parish, Louisiana, said Bloomberg‘s Alix Steel about Cheniere Energy, Inc. (NYSEMKT:LNG)’s CEO Charif Souki’s intentions.

Cheniere Energy, Inc. (NYSEAMEX:LNG)

It had a truly diversified history, but this new field of interest might prove to be the most profitable one that the company encountered so far.

“Cheniere basically went from an international banker, to a restaurant tour to wanting to be an oil explorer to then wanting to build an export terminal and then building an import terminal and investors stood by its side all the way,” said Alix Steel.

It’s interesting to note that Cheniere Energy, Inc. (NYSEMKT:LNG)’s export facility will be operational as soon as 2018 and currently the company hasn’t wind up at showing a profit, but they actually have income streams that bring money into the company and raise expectations.

“[…] It basically rents out it’s export facility so that companies that want to liquefy natural gas, basically rent it, and they ship it out anywhere in the world. So Cheniere has 6 contracts for over 20 years where each company has to pay them a fee, $2.72 on average per million British thermal unit […],” reported further Alix Steel.

Cheniere Energy, Inc. (NYSEMKT:LNG)’s new project is destined to accommodate up to 4 LNG trains capable of processing approximately 2 Bcf/d of natural gas and each train can produce up to 4.5 million tons per annum (mtpa). It’s a huge business that will benefit enormously the company if it takes off, in fact, we can see that the optimism towards the export facility has been transmitted to share prices. Cheniere Energy, Inc. (NYSEMKT:LNG) is currently trading at little above $84 and promising to continue the trend, unless expectations take a turnaround.

Disclosure: none

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