Cheniere Energy Partners report slight rise in profit

Cheniere Energy Partners report slight rise in profit
Image courtesy of Cheniere

Cheniere Energy Partners on Tuesday reported a net income of $4.5 million for the second quarter of 2017. 

Compared to the $4.4 million recorded in the corresponding quarter in 2016, the net profit edged up slightly, the partnership in which the Houston-based LNG player Cheniere Energy holds an 80.1 percent stake, said in its quarterly report.

The partnership’s earning remained almost flat for the first six months period, reaching $8.95 million in 2017, as compared to $8.93 million in the corresponding period last year.

Cheniere Energy Partners noted that the fourth liquefaction train at the Sabine Pass LNG facility is currently undergoing commissioning with substantial completion expected in the second half of the year.

Train 5 is under construction, and Train 6 is being commercialized and has all necessary regulatory approvals in place.

Share this article

Follow LNG World News

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

LNG2019

LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association, China Gas Society, The Chinese Association of Refrigeration and China Gas Association.

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

Meet with the Gas, LNG & Power Industry in Brazil & the Americas

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >