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Stock Market & Financial Investment News

News Breaks
June 2, 2014
08:31 EDTLNGCheniere Energy and Gas Natural sign 20-year sale and purchase agreement
Cheniere Energy announced that its subsidiary, Corpus Christi Liquefaction, has entered into a liquefied natural gas sale and purchase agreement with Gas Natural Fenosa LNG SL under which Gas Natural Fenosa has agreed to purchase approximately 1.5M tonnes per annum of LNG upon the commencement of operations of Train 2 from the LNG export facility being developed near Corpus Christi, Texas. The Corpus Christi Liquefaction Project is being designed and permitted for up to three trains, with aggregate design production capacity of 13.5 mtpa of LNG. Under the SPA, Gas Natural Fenosa will purchase LNG on a free on board basis for a purchase price indexed to the monthly Henry Hub price plus a fixed component. LNG will be loaded onto Gas Natural Fenosa's vessels. The SPA has a term of twenty years commencing upon the date of first commercial delivery of the second train of the Corpus Christi Liquefaction Project, with an extension option of up to ten years. Deliveries from Train 2 are expected to occur in 2019.
News For LNG From The Last 14 Days
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September 30, 2014
06:50 EDTLNGExxon Mobil , Qatar looking to export natural gas, NY Times says
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September 17, 2014
19:33 EDTLNGCheniere Energy shareholders vote against 2013 executive compensation
The company held its annual meeting of stockholders on September 11, with 197.5M shares of the company's common stock present or represented by proxy at the meeting. In a non-binding vote, shareholders voted against approving executive compensation for 2013. The number of votes for approval of 2013 executive compensation were 75.9M shares, while the number of votes against the approval of 2013 executive compensation were 87.6M. Cheniere CEO Charif Souki earned a $142M compensation package in 2013.
07:36 EDTLNGWolfe Research to hold a conference
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