The chief executive of Cheniere Energy has had his salary cut to $1 following a revolt by the company’s shareholders.
Last year, Charif Souki took home a $142million pay package.
However, Cheniere Energy said it was cutting his salary from $800,000 to just $1, but also approved a cash bonus of $2.4million.
Earlier this month Cheniere and GE have entered a $1billion contract for the Sabine Pass LNG export terminal.
The 20-year deal will see GE provide spare parts and planned inspections, maintenance services and technical support for the gas turbines and refrigerant compressors on the first four LNG trains currently under construction.