Cheniere Leadership Upbeat Despite Low Short-Term LNG Market Prices

Researched by Industrial Info Resources (Sugar Land, Texas)--Executives with Cheniere Energy Incorporated (NYSE:LNG) (Houston, Texas) appeared unfazed on Thursday by the liquefied natural gas (LNG) exporter's $114 million net loss in the second quarter, higher operating and maintenance expenses, and low LNG market prices. In fact, Cheniere cleared the way during the quarter for a new LNG production train project at its Sabine Pass site in Louisiana and began output at the second train at its Corpus Christi, Texas, site.