Cheniere sinks to USD 298 million loss

Houston-based LNG player Cheniere reported on Friday a net loss of $297.8 million for the third quarter, compared to a net loss of $89.6 million in the same period in 2014.

Cheniere posted revenue of $66.1 million in the third quarter, almost the same as in 2014.

For the first nine months of this year, Cheniere reported a net loss of $684 million, and revenue of $202.5 million.

This compares to a net loss of $389.3 million and revenue of $202 million for the same period in 2014.

Cheniere is currently building two LNG export plants in Texas, namely the Sabine Pass and Corpus Christi.

The Sabine Pass LNG facility is expected to start receiving feed gas by the end of the year with the first cargo of the chilled gas to be shipped in January,

 

LNG World News Staff; Image: Cheniere

 

 

 

Share this article

Follow LNG World News

Events>

<< Jul 2019 >>
MTWTFSS
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 1 2 3 4

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >