Low Natural Gas Prices Tank Revenues for Cheniere Energy

August 9, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Low natural gas prices and a flooded market were partially to blame for the 21% sequential loss in revenue during the second quarter, Cheniere Energy Incorporated (Houston, Texas) said Thursday. During the three-month period ending June 30, Cheniere saw a combined 155 ships laden with liquefied natural gas (LNG) taken from its Sabine Pass and Corpus Christi export facilities. That's 4% higher than year-ago levels.