Cheniere’s CEO sells 50,000 shares

Cheniere's CEO sells 50,000 shares

Charif Souki, CEO of US LNG player Cheniere, sold 50,000 shares of the company’s stock on the open market in a transaction dated August 17.

The shares were sold at an average price of US$68.18, for a total value of about $3.4 million, according to an SEC filing.

Souki now directly owns 3,800,089 shares of Cheniere’s stock, valued about $259 million.

The Houston-based LNG player Cheniere has recently entered into sales arrangements with Électricité de France (EDF) for the delivery of liquefied natural gas cargoes from the Sabine Pass LNG terminal to the Dunkerque terminal in France.

The sales arrangements cover the delivery of up to 26 cargoes, or up to approximately 100 million MMBtus, through 2018.

 

LNG World News Staff; Image: Cheniere

Share this article

Follow LNG World News

Events>

<< Oct 2019 >>
MTWTFSS
30 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

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

LNG Bunkering Mediterrean

The only 3-day course offering theoretical and practical training on LNG bunkering designed by the Mediterranean market leaders.   

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >