Cheniere Scoring, But Game Not Won Yet

摘要

Cheniere's evident success in locking down long-term supply deals for its proposed liquefaction project at Sabine Pass on the US Gulf Coast, most recently inking a 20-year, 35 million ton per year sale to Gail India, confirms a high level of European, trader and now Asian interest in Henry Hub-indexed US LNG.Initial government approval this week for exports from a fourth facility, Jordan Cove on Oregon's Pacific Coast, suggests the Obama administration hasn't yet turned negative on US LNG outflows, potentially adding to momentum behind North American exports (WGI Nov. 16'11).