Cheniere Energy expects to ship more liquefied natural gas (LNG) to Asia this year, after European customers took the lion's share of its 2022 cargoes, an official said on Monday. The top U.S. exporter of LNG shipped a total of 638 cargoes last year, with slightly over 70 per cent delivered to Europe, Chi
Cheniere Energy expects to ship more liquefied natural gas to Asia this year, after European customers took the lion's share of its 2022 cargoes, an official said on Monday.
Cheniere last year gave the financial go ahead for an expansion of its Corpus Christi, Texas, liquefaction plant and has sought an early environmental review with federal regulators for an expansion at its Sabine Pass, Lousiana, facility, officials said. A little more than 50 per cent of Cheniere's customers are European firms, which ensures it will continue to have a balance between Asia and European markets, Chief Executive Jack Fusco said.
Europe is putting the infrastructure in place to import LNG for the long-term, reducing its reliance on Russian pipeline gas, the executives said."A permitting reform in the country needs to happen," said CEO Fusco, referring to red tape that often causes delays and bottlenecks to expanding LNG capacity.
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