Cheniere Energy Inc (LNG)

[eFinanceMarkets]

Cheniere in 'extensive' talks to boost LNG China shipments

In the wake of a reported deal between the U.S. and China on natural gas exports, Cheniere Energy (LNG +4.4%) says today it's in "extensive" talks to boost its shipments to China.

In a little over a year of exporting, Cheniere has sold nine cargoes to China on spot contracts, while the company is looking toward long-term contracts with the new deal done.

It's had extensive negotiations with the Chinese in the past month, a spokesman says.