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Cheniere to Ship LNG Cargoes to France

The business game plan conceals the conveyance of to 24 cargoes, or up to around 89 million MMBtus downright, from 2017 through 2018. The Company operates through its subsidiary, Sabine Pass LNG, L.P. (Sabine Pass LNG), and provides regasification facilities at the Sabine Pass LNG terminal located on the Sabine Pass deep water shipping channel.

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American Airlines Group (AAL) stated August 2015 and year-to-date traffic results.

Under a sale and purchase agreement (SPA) with Sabine Pass Liquefaction, Cheniere Marketing worldwide has provision to purchase excess of the LNG produced at the facility that is not required by other customers. Cheniere Marketing has now agreed to the total sale of approximately 340 million Btu – up to 92 LNG cargoes – to European and Asian buyers through 2018. All three metrics were records for the month of August. As of December 31, 2014, the company operated 983 mainline jets, in addition to 566 regional aircrafts through regional airline auxiliaries and third-party regional carriers.

The Company keeps on expecting its second from last quarter 2015 consolidated traveler income for every available seat mile (PRASM) to be down around six to eight percent year-over-year. Charif Souki, Chairman, CEO & President of Cheniere Energy Inc sold 150,000 shares on September 14, 2015. The Company owns 100% of the general partner interest in Cheniere Partners and 80.1% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability company that possesses a 55.9% limited partner interest in Cheniere Partners. The higher estimate of target price is $98, while the lower price target estimate is $76 The company shares have dropped 33.16% in the past 52 Weeks. The shares closed down 0.2 points or 0.37% at $53.71 with 2,684,500 shares getting traded. The Organization is engaged in the development of two LNG terminal projects: the Sabine Pass LNG terminal in western Cameron Parish, Louisiana, along with the Corpus Christi LNG terminal near Corpus Christi, Texas.

Cheniere Marketing global LLP has inked another liquefied natural gas (LNG) supply deal with Electricite de France SA (EDF) that is pegged to the Dutch Title Transfer index, a leading natural gas pricing index for continental Europe.

This article is the intellectual property of www.jbhnews.com. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

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Overall, one research analyst has assigned a Hold rating and 3 research analysts have given a Buy rating to the stock.

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