JP Morgan Agreement with Cheniere May Be Profitable in Long Run

Posted on Apr 8, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off

A Reuters analysis of the recent agreement between JP Morgan Chase & Co. and Cheniere Energy involving Cheniere’s Sabine Pass LNG import terminal says that while the deal may be profitable in the long run, low U.S. gas prices may hamper profitability in the short term. The piece notes that JP Morgan and Cheniere may take advantage of Sabine Pass’ large storage and LNG re-export capabilities.

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JP Morgan Agreement with Cheniere May Be Profitable in Long Run

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