NavigatIIR: Cheniere Brushes Off Higher Costs as More U.S. LNG Trains Wrap Up, Progress
SUGAR LAND--May 21, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Market growth doesn't come cheap, as Cheniere Energy Incorporated (NYSE:LNG) (Houston, Texas) can testify following its first-quarter 2019 results: rising costs associated with more natural gas liquefaction trains coming online took a bite out of profits, as did higher maintenance-related costs. But executives are unfazed, noting that more trains are expected to come online within the year, ultimately boosting efficiency and productivity. Industrial Info is tracking more than $30 billion in active projects involving Cheniere, including more than $11.7 billion worth under construction.
Within this article: Details on some of Cheniere's most widely anticipated projects, including the Corpus Christi LNG and Sabine Pass LNG complexes, and the MIDSHIP project.
Other companies featured: DCP Midstream LLC (NYSE:DCP)
