Morgan Stanley and Cheniere Conclude MOU for LNG Regasification, Liquefaction Capacity at Sabine Pass Terminal
Posted on Nov 9, 2010 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Morgan Stanley and Cheniere Conclude MOU for LNG Regasification, Liquefaction Capacity at Sabine Pass Terminal
Sabine Pass Liquefaction, LLC, a subsidiary of Cheniere Energy Partners, L.P., and Morgan Stanley Capital Group Inc. have signed a non-binding Memorandum of Understanding (MOU) involving LNG regasification and liquefaction capacity at the Sabine Pass LNG terminal. The non-binding MOU contemplates formalizing contractual arrangements to allow Morgan Stanley to export or import 1.7 million tons of LNG per year. Platts LNG Daily [subscription required] provides additional details.