China Contract Gives Impetus to Cheniere, Other U.S. LNG Producers

SUGAR LAND--May 24, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Earlier this week, Cheniere Energy Incorporated (NYSE:LNG) (Houston, Texas) gave the go-ahead for a third production train at its liquefied natural gas (LNG) production and export facility in Corpus Christi, Texas. The final investment decision seems to have been fueled in part by Cheniere's recent long-term sales contracts with China National Petroleum Corporation (CNPC) (Beijing, China). As the U.S. and China proceed with discussions regarding lowering the U.S. trade deficit with China, LNG could be a key plank in preventing what seemed at one point to be leading to a trade war between the two countries.

Within this article: Details on how contracts with China could provide impetus for U.S. LNG projects

Other companies featured: KBR Incorporated (NSYE:KBR), Total (NYSE:TOT)