Cheniere Withdraws from CLNG
“[P]hilosophical differences” with the Center for Liquefied Natural Gas have prompted Cheniere Energy to withdraw from the trade organization. Director of CLNG, Bill Cooper, says that divergent positions regarding LNG terminal technology are the cause of the rift. CLNG recently expressed support for offshore terminals employing open-loop vaporization technology; Cheniere is developing three terminals in Texas and Louisiana that incorporate closed-loop systems. Read more in the Oil Daily story carried by Energy Intelligence. [Subscription required]