Oversupplied LNG market weighs　on Cheniere in latest financial results

摘要

Cheniere Energy reported a larger second-quarter loss Thursdayas it suffered from higher operating and maintenance expenses andnarrower netbacks on spot LNG cargoes.Subdued netbacks come amid weaker prices at overseas hubsdriven by an oversupplied market.The results reflect a dual conundrum for the biggest US exporter ofLNG and individual consumer of pipeline-ready natural gas. One factor israpid liquefaction growth, and the other is protracted geopolitical tensionsthat market observers had hoped would have been resolved by now.