Analysts Raise Concerns with Cheniere’s Financial Position
Posted on May 11, 2011 in Financing, LNG Exports | Comments Off on Analysts Raise Concerns with Cheniere’s Financial Position
Several analysts told Bloomberg (available via the San Francisco Chronicle) that they are concerned with Cheniere’s financial position, noting that the company may have trouble meeting a loan payment scheduled for next...
Golar LNG Plans U.S. IPO
Posted on Apr 4, 2011 in Financing, Vessel Transportation | Comments Off on Golar LNG Plans U.S. IPO
The Wall Street Journal offers details on the initial public offering planned by Golar LNG Partners LP, a global LNG shipping firm. Following the IPO, Golar LNG will be listed on the Nasdaq exchange under the symbol...
Encana to Buy Stake in Kitimat LNG Export Project
Posted on Mar 18, 2011 in Canada & Mexico, Financing, LNG Exports | Comments Off on Encana to Buy Stake in Kitimat LNG Export Project
Encana announced this morning that it will purchase a 30% stake in the Kitimat LNG export project. According to Reuters, Encana will buy 11% from Apache Corp. and 19% from EOG Resources.
Dominion CEO: Marcellus Shale Gas Could Be Exported to Europe, Asia via Cove Point LNG Terminal
Posted on Mar 10, 2011 in Financing, Liquefaction, LNG Exports, Regas Terminals & Capacity | Comments Off on Dominion CEO: Marcellus Shale Gas Could Be Exported to Europe, Asia via Cove Point LNG Terminal
Speaking at the CERAWeek conference in Houston yesterday, Dominion Resources CEO Thomas Farrell said that he believes that the Cove Point LNG terminal’s geographic location near the Marcellus Shale gas play presents an attractive outlet for producers who seek to export gas to Europe and Asia. According to Platts LNG Daily [subscription required], Dominion is willing to finance...
Complaint, Further Details Available in Cheniere Suit Against Hedge Fund
Posted on Mar 9, 2011 in Financing, Litigation | Comments Off on Complaint, Further Details Available in Cheniere Suit Against Hedge Fund
Platts LNG Daily [subscription required] offers further details regarding the lawsuit filed by Cheniere Energy against the Centerbridge Partners hedge fund earlier this week. The complaint and other associated documents filed by Cheniere are available from the Harris County Clerk of Courts website under Docket No....
Cheniere Files Suit Against Hedge Fund Over Default Claim
Posted on Mar 8, 2011 in Financing, Litigation, Regas Terminals & Capacity | Comments Off on Cheniere Files Suit Against Hedge Fund Over Default Claim
Cheniere Energy has filed suit against the hedge fund Centerbridge Partners LP, saying that the hedge fund’s assertion that Cheniere’s Sabine Pass LNG business unit was in default under the terms of some of its notes constituted defamation, business disparagement and tortious interference with business relationships. The Wall Street Journal provides further...