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What does Cheniere Energy do?

Cheniere Energy, Inc., an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas.

What is Cheniere's LNG deal with ENGIE?

U.S. LNG exporter Cheniere Energy has agreed with French energy major Engie to amend the LNG sale and purchase agreement from June 2021. In June 2021, the parties signed the agreement under which Cheniere is to supply LNG to Engie. Under the SPA, Engie agreed to buy around 0.9 million tonnes per annum of LNG from Cheniere’s Corpus Christi plant.

Is Cheniere the largest LNG supplier in Europe?

In April, the company said Cheniere is the single-largest supplier of LNG in Europe, and 75% of its LNG landed on European shores in the first quarter of 2022. That was up from 38% in the prior year’s first quarter as skyrocketing natural gas prices in Europe increased demand for U.S. LNG exports in 2022.

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