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Friday, 05/30/2014 7:46:19 PM

Friday, May 30, 2014 7:46:19 PM

Post# of 22
CQH $27.04 +$3.04 +12.5% Huge move on $5.6 bil LNG contract
LNG $68.11 +8.9%

http://stockcharts.com/h-sc/ui?s=CQH&p=D&b=5&g=0&id=p52468632987

http://stockcharts.com/h-sc/ui?s=CQH&p=D&b=5&g=0&id=p52468632987

Spain's Iberdrola says U.S. LNG contract worth $5.6 bln
Reuters
7 hours ago


MADRID, May 30 (Reuters) - Spanish power company Iberdrola said on Friday it had signed a 20-year liquefied natural gas (LNG) sale and purchase agreement with Cheniere Energy Inc worth $5.6 billion.

LNG deliveries are due to begin in 2019, Iberdrola said in a statement, allowing the company to fulfill its long-term fuel needs for gas generation plants in Spain and Britain, where it is also a major operator.

(Reporting by Tracy Rucinski; Editing by Sonya Dowsett)