Chesapeake CEO Says He Hopes U.S. LNG Exports Will Not Be Necessary

Posted on Nov 17, 2011 in LNG Exports, Markets and Competition | Comments Off

Although he would like the right to export U.S. natural gas as LNG, Chesapeake CEO Aubrey McClendon said yesterday that he would prefer that the United States’ large natural gas resources were used domestically, possibly in the transportation sector. However, a Cheniere Energy representative told Reuters that Chesapeake has pledged publicly to supply 500 MMcf/d of natural gas to the planned Sabine Pass LNG export project.

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Chesapeake CEO Says He Hopes U.S. LNG Exports Will Not Be Necessary

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