- Cheniere Energy (LNG) CEO Charif Souki says the ability of U.S. energy to save Europe from its dependence on Russian gas has been overstated, partly because he believes only six to eight out of 24 proposed U.S. export projects ever have a chance to be completed.
- LNG's own terminal, Sabine Pass in Louisiana - the only project approved for export so far by U.S. regulators - is due to export its first liquefied natural gas towards the end of 2015; at full capacity, it will send out 2.2B cf/day of gas, but Europe’s daily consumption is 40B-50B cf/day, Souki says.
- Cheniere has signed contracts to sell gas to various European companies, but Souki says he has no control over where those customers would sell that gas; "I'm sure they will be opportunistic," he says.
From other sites
at CNBC.com (Jan 14, 2015)
at CNBC.com (Jan 7, 2015)
at CNBC.com (Dec 29, 2014)
Video at CNBC.com (Dec 12, 2014)
at CNBC.com (Dec 12, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs