As with prior sales, the price of the LNG cargoes is based on the Dutch Title Transfer index (TTF), which is a pricing index for natural gas in Europe. The ex-dividend date was Friday, August 14th.
Advertisement
Cheniere, which has locked-up a large chunk of its spare LNG export capacity already, is seeking fall-back options on where to place cargoes from its first LNG export plant due to start-up in December, a trader said.
The company has signed agreements with buyers across Europe and Asia for delivery of 92 cargoes, which would be about 340 million MMBtus. It serves 339 destinations in 54 countries.
Cheniere Energy, Inc., a vitality organization, participates in the condensed common gas (LNG) related business. The company shares have dropped 20% in the past 52 Weeks. Total passenger load factor was 86.5 percent, up 1.9 percentage points as compared to August 2014. Every one of the three measurements were records for the month of August. During the same period in the previous year, the firm earned ($0.85) earnings per share. What’s more, the Company keeps on expecting its second from last quarter pretax edge not considering uncommon things to be somewhere around 16 and 18 percent.
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 Energy (NYSE:LNG) VP Greg W. Rayford sold 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th.
Cheniere signed an agreement with Electricite de France SA to send 24 LNG cargoes, or 89 trillion British Thermal Units, from its Sabine Pass Terminal in Louisiana in 2017 and 2018, according to a company statement. The Business owns 100% of the typical 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.
Cheniere Energy, Inc.is an energy company engaged in Liquefied natural gas (NYSE:LNG) businesses.
Advertisement
This article is the intellectual property of www.jbhnews.com. The Content included in this article is just for informational purposes only. Moreover, it is firmly believed that all the information that are revealed in this article are from reliable sources, however, we do not make any representations or warranties whatsoever of any kind, express or implied, as far as the completeness, accurateness, or reliability with respect to this article is concerned.
