LNG is a functioning business and has prospered from the coldest winter in years and a lot of positive spin including Obama's plug for nat gas during the State of the Union address. It has been a great play since 2012. It could go a hot higher on a short term basis, or lower, while CQP is in a slow climb out as its plant nears completion.
Long term, both LNG and CQP are sound plays in my book. I prefer the pure export play. With LNG you get both that and the domestic play, but their export business gets blurrier as other competitor's plants come on stream shortly after Corpus Christi. And I watched T. Boone Picken's clock largely get cleaned on domestic play strategies like CLNE and "The Nat Gas Super-Highway" and inventory gluts from fracking. Even a genius like Pickens missed the boat, to some extent, and he's a lot more attuned than a little guy like me! The oil lobbyists have a death grip on the energy business; export is not life-threatening to them and domestic gas is, as Boone learned the hard way.
Good luck. I can't advise you on investment strategy, though, but I am sticking with CQP as a pure export play. I lost a small fortune on ethanol alternative fuel strategies, betting against Big Oil's influence in favor of America's farmbelt, and learned the hard way that XOM and their API peers always win in the Beltway grab for PAC $$$. I will not make that mistake a second time, as wrong as that may be for America's energy policy and its economy.
