New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 17, 2014
16:55 EDTLNGCheniere Energy signs 20 year LNG sale and purchase agreement with EDF
Cheniere Energy announced that its subsidiary, Corpus Christi Liquefaction, has entered into a liquefied natural gas, or LNG, sale and purchase agreement with Électricité de France, or EDF, under which EDF has agreed to purchase approximately 0.38M tonnes per annum, or mtpa, of LNG upon the commencement of operations of train 2 of the LNG export facility being developed near Corpus Christi, Texas, and increasing to approximately 0.77 mtpa of LNG upon the commencement of operations of train 3. 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, EDF will purchase LNG on a free on board basis for a purchase price indexed to the monthly Henry Hub price plus a fixed component. The term of the SPA will extend for 20 years beyond the date of first commercial delivery of the third train of the Corpus Christi Liquefaction Project, with an extension option of up to ten years. Deliveries from train 3 are expected to occur as early as 2019.
News For LNG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 3, 2015
19:15 EDTLNGCheniere CEO envisions LNG spot market, FT says
Subscribe for More Information
August 24, 2015
09:03 EDTLNGCheniere appoints Icahn Enterprises managing directors to board
Cheniere Energy (LNG) announced the appointment of Jonathan Christodoro and Samuel Merksamer to the Board of Directors, effective immediately. With these additions, the Cheniere Board now comprises eleven directors. Christodoro and Merksamer are Managing Directors of Icahn Capital LP, a subsidiary of Icahn Enterprises (IEP).

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use