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Cheniere energy (New York Stock Exchange:liquefied natural gas) on Monday Ships more liquefied natural gas to Asia this yearafter delivering about 70% of its LNG cargoes to Europe in 2022.
Focus on Cheniere (liquefied natural gas) is expanding over the long term As customers grow from 12 to 30, as long as producers, including Cheniere, keep their customers on long-term contracts, it doesn’t matter how much Russian gas returns to the market, CEO Jack Fusco said in Houston. said at the CERAWeek energy conference held in
China will no longer act as a ‘rescue valve’ by supplying Europe with LNG as it did during last year’s energy crisis, but instead stealing flow from the continent and servicing its own growing economy, Cheniere. may provide (liquefied natural gas) said the executive.
Fusco called the lack of U.S. investment in natural gas pipelines “terrifying,” last year Worst year to build pipeline infrastructure in the US since 1995.
While Europe is adding the infrastructure needed to import LNG in the long term and reducing its dependence on Russian pipeline gas, the United States will need more development to meet future demand. said Fusco.
Southwest Louisiana was once an “easy button” to build pipelines, but infrastructure there and in the U.S. has generally not kept up with the country’s rapidly accelerating pace of gas exports, the chief commercial officer said. said Anatole Fagin of
However, the material and financing costs Increased required fixed liquefaction charges Fusco said prices rose from a range of $2.00 to $2.25 to a high of 2s/MMBtu from a year ago to support the new US LNG export infrastructure.
Cheniere Energy’s (liquefied natural gas) “The valuation is relatively high given its significant debt levels and huge derivative losses,” writes Harrison Schwartz. Analysis recently published in Seeking Alpha.
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