NEWS ARCHIVE

Sabine Pass gets a push along

CHENIERE Energy is keen to get things moving at the Sabine Pass LNG export facility in Louisiana, purchasing $167 million worth of Class B units from parent Cheniere Partners.

James McGrath

It has agreed to purchase a total of 33.3 million Class B shares from its parent, which is overseeing the LNG project, for a cumulative cost of $500 million. The cash from the initial sale will allow...

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