Cheniere Energy has signed a deal to provide liquefaction services to EOG Resources, a US-based shale producer.
Freeport LNG has reached a deal to raise $1.025 billion from Westbourne Capital and its partners. The cash will go to supporting a fourth train at the plant. A commissioning cargo from Freeport LNG’s Train 1 was exported on September 3. The announcement comes as Cheniere Energy Partners has increased the size of a notes offering to $1.5bn, from the proposed $1bn.
Cheniere Energy has reported a net loss $291million for the three months ended December 31, 2015, compared to a net loss of $158.6million the previous year.
The former chief executive of Cheniere Energy has resigned from the company’s board after being replaced at the end of last year.
The chief executive of Cheniere Energy plans to cash in on 50,000 shares in the company, according to a recent regulatory filing. The Securities and Exchange Commission (SEC) filing shows Charif Souki holds around 3.4million shares in the firm.