Inform
| |
2 Pages

First exports from Sabine Pass: start of a new era in US LNG


First exports from Sabine Pass: start of a new era in US LNG

Report summary

Cheniere has started exports from Sabine Pass. The successful start-up of Train 1 marks Cheniere's rapid turnaround from LNG importer to exporter. The company announced plans to add liquefaction to its Sabine Pass regas terminal in June 2010, and construction of the Phase 1 liquefaction facilities started in August 2012, taking approximately three-and-a-half years to first LNG.

Although today's depressed global LNG market conditions are a reality, in time, we expect the appetite for more US LNG to grow. In the near term, Cheniere will be relatively well insulated from low commodity prices, as the majority of its LNG capacity has been sold under long-term contracts, involving capacity payments that offtakers will pay whether cargos are lifted or not. These provide a source of income linked to the creditworthiness of its offtakers and a platform upon which the company's LNG marketing business can grow as global demand conditions improve.


What's included?

This report includes 1 file(s)

  • First exports from Sabine Pass: start of a new era in US LNG PDF - 967.91 KB 2 Pages, 0 Tables, 1 Figures

Description

This LNG Inform report highlights the key issues surrounding this topic, and draws out the implications for those involved.

If you want to look at the trends, risks and implications of this topic, this report gives you an alternative point of view to help inform your decision making.

Offering bottom-up market analysis for over 150 LNG supply assets, 28 LNG-importing countries and more than 500 LNG contracts, Wood Mackenzie is the definitive and trusted resource for the LNG industry.

We use our robust database and expert industry knowledge to help you understand the dynamics of the global LNG industry and identify emerging trends and opportunities.

Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.