Replies to post #1826 on Cheniere Energy Inc (LNG)

[sailfreeee]

Man, you are driving me nuts. I mention it to you but got distracted and didn't buy any. I think I should get a finder's fee from you. lol

[eFinanceMarkets]

$LNG U.S. exports of liquefied natural gas are much stronger this winter compared with a year ago, thanks to global demand and two more production trains in use at Cheniere Energy's (NYSEMKT:LNG) Sabine Pass terminal in Louisiana, Platts reports.

Feedgas volumes to Sabine Pass have nearly doubled compared with this time a year ago, averaging 2.9B cf/day and rising as high as 3.3B cf/day, which represents full utilization of the facility, according to the report, and 59 ships totaling 204B cf of LNG have left Sabine Pass since November, compared with 28 ships and 91B cf of LNG over the same time last year.

Platts forecasts an even stronger 2018, seeing U.S. LNG feedgas averaging 3.8B cf/day - assuming a February startup of Dominion Energy's (NYSE:D) Cove Point terminal in Maryland - representing nearly full utilization of U.S. export terminals.