Cheniere Narrows Annual Net Loss as LNG Cargoes Increase, Trains Come Online
SUGAR LAND--February 22, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Cheniere Energy Incorporated (NYSE:LNG) (Houston, Texas) is ramping up it liquefied natural gas (LNG) cargos as Train 4 at its Sabine Pass liquefaction facility in Louisiana was completed in fourth-quarter 2017 and is now in service. Cheniere reported a net loss for fiscal year 2017 of $393 million, compared with a net loss of $610 million in 2016. Fourth-quarter 2017 net income was $127 million, compared with $110 million in fourth-quarter 2016.
Within this article: Details about Cheniere's progress at its Sabine Pass and Corpus Christi facilities
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