Cheniere Energy
 | |
| Company type | Public |
|---|---|
| NYSE: LNG Russell 1000 Index component | |
| Industry | Energy Natural Gas |
| Founded | 1996[1] |
| Founders | Charif Souki |
| Headquarters | Houston, Texas |
Key people | CEO: Jack Fusco[2] |
| Revenue | 33,428,000,000 United States dollar (2022)  |
| 4,559,000,000 United States dollar (2022) | |
| 1,428,000,000 United States dollar (2022) | |
| Website | www |
Cheniere Energy, Inc. is a liquefied natural gas (LNG) company headquartered in Houston, Texas. In February 2016 it became the first US company to export liquefied natural gas.[3] As of 2018 it is a Fortune 500 company.[2]
Company history
The company was founded in 1996 by Charif Souki, an immigrant from Lebanon. Initially an oil-and-gas exploration company, Souki shifted its focus in the early 2000s to developing liquified natural gas terminals, beginning with a terminal in Sabine Pass, Louisiana in March 2005.[4] The company faltered in the late 2000s as LNG imports dried up due to international competition.[5] However, in the late 2010s, as natural gas production rose in the United States, the company grew significantly and became an exporter of LNG to international markets.[6] In 2016 Souki left the company after what he characterized as a dispute with investor Carl Icahn.[7]
In 2018 Cheniere Energy signed an agreement with CPC Corporation, Taiwan to supply liquefied natural gas for 25 years in a contract worth approximately USD25b. Deliveries to Taiwan are set to begin in 2021.[8]
References
- ^ "Cheniere Energy". Forbes.
- ^ a b "Cheniere Energy". Fortune. Fortune. Retrieved 18 February 2019.
- ^ Chapa, Sergio (15 November 2018). "Cheniere Energy kicks off production at Corpus Christi LNG export terminal". Houston Chronicle. Retrieved 18 February 2019.
- ^ Helman, Christopher (20 June 2005). "First Mover". Forbes. Retrieved 18 February 2019.
- ^ Krauss, Clifford (29 May 2008). "Global Demand Squeezing Natural Gas Supply". New York Times. Retrieved 18 February 2019.
- ^ Schwartz, Nelson (16 October 2017). "How Cheniere Energy Decided to Take a Gamble on Liquified Natural Gas". New York Times. Retrieved 18 February 2019.
- ^ Stevensen, Abigail. "Charif Souki: Carl Icahn behind my Cheniere departure". www.cnbc.com. CNBC. Retrieved 10 March 2020.
- ^ Julie Gordon and Henning Gloystein, Jess Macy Yu. "Cheniere signs 25-year LNG sales deal with Taiwan's CPC". www.reuters.com. Reuters. Retrieved 23 June 2019.
External links
- Cheniere Energy
- Business data for Cheniere Energy Inc.:
 | This article about a company or corporation involved in the energy industry is a stub. You can help Wikipedia by expanding it. |