Key Developments: Cheniere Energy Inc (LNG.A)

LNG.A on American Stock Exchange

55.28USD
17 Apr 2014
Price Change (% chg)

$0.45 (+0.82%)
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Latest Key Developments (Source: Significant Developments)

Cheniere Energy Inc and Endesa sign 20-year LNG sale and purchase agreement-Reuters
Monday, 7 Apr 2014 02:35pm EDT 

Cheniere Energy Inc:Says Cheniere and Endesa sign 20-year LNG sale and purchase agreement-Reuters.Endesa has agreed to purchase about 0.75 million tonnes per annum of LNG upon commencement of operations from LNG export facility.Says deliveries are expected to occur as early as 2018.Corpus Christi liquefaction project is designed for aggregate design production capacity of 13.5 mtpa of LNG.  Full Article

Cheniere Energy Inc and Endesa sign 20-year LNG sale and purchase agreement
Wednesday, 2 Apr 2014 07:00am EDT 

Cheniere Energy Inc:Says its subsidiary, Corpus Christi Liquefaction, LLC has entered into a liquefied natural gas sale and purchase agreement with Endesa Generacion, S.A.Endesa has agreed to purchase about 1.5 mln tonnes per annum of LNG.  Full Article

Cheniere Energy Inc announces change of public accounting fir - Form 8-K
Monday, 24 Mar 2014 05:16pm EDT 

Cheniere Energy Inc:Approved appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending Dec. 31.Approved dismissal of Ernst & Young LLP as independent registered public accounting firm.  Full Article

Cheniere Energy Inc announces chief financial officer change - Form 8-K
Thursday, 16 Jan 2014 05:09pm EST 

Cheniere Energy Inc:Says effective as of Jan. 14, H. Davis Thames, ceased to serve as the Senior Vice President and Chief Financial Officer of the company.Says Thames is on a personal leave of absence from the company.Says on Jan. 14, the Board of Directors of the company elected Michael J. Wortley as the company‚Äôs Senior Vice President and Chief Financial Officer.Says prior to this appointment, Wortley was Vice President, Strategy and Risk of the company.  Full Article

Cheniere Energy Inc enters into lump sum turnkey contracts with Bechtel for Corpus Christi Liquefaction project
Monday, 9 Dec 2013 09:00am EST 

Cheniere Energy Inc:Says its wholly owned subsidiary, Corpus Christi Liquefaction, LLC and Bechtel Oil, Gas and Chemicals, Inc have entered into two lump sum turnkey contracts for the engineering, procurement and construction of LNG trains and related facilities being developed near Corpus Christi, Texas.Says Corpus Christi Liquefaction Project is expected to be constructed in stages, with each LNG train commencing operations on a staggered basis.Says work under the EPC contract is expected to commence in 2014, subject to Corpus Christi Liquefaction reaching a positive final investment decision.Says Operation of the first LNG train is expected to commence in 2018.  Full Article

Cheniere Energy Inc's Subsidiary and Pertamina sign 20 year LNG sale and purchase agreement
Wednesday, 4 Dec 2013 05:55pm EST 

Cheniere Energy Inc:Says its subsidiary, Corpus Christi Liquefaction, LLC, has entered into a liquefied natural gas (LNG) sale and purchase agreement (SPA) with PT Pertamina.Says Pertamina has agreed to purchase about 0.8 million tonnes per annum (mtpa) of LNG upon the commencement of operations from the LNG export facility being developed near Corpus Christi, Texas.Says under the SPA, Pertamina will purchase LNG on an FOB basis for a purchase price indexed to the monthly Henry Hub price plus a fixed component.Says SPA has a term of twenty years commencing upon the date of first commercial delivery and an extension option of up to ten years.Says deliveries are expected to occur as early as 2018.  Full Article

Cheniere Energy Inc To Issue And Sell $1.0 Billion Of 6.25% Senior Secured Notes - Form 8-K
Friday, 22 Nov 2013 06:11am EST 

Cheniere Energy Inc reported in its Form 8-K that on November 18, 2013, Sabine Pass Liquefaction, LLC (SPL), a wholly owned subsidiary of Cheniere Energy Partners, L.P. (Cheniere Partners), an indirect majority owned subsidiary of Cheniere Energy, Inc., entered into a Purchase Agreement with Morgan Stanley & Co. LLC, as representative of the initial purchasers named therein to issue and sell to the Initial Purchasers $1.0 billion aggregate principal amount of its 6.25% Senior Secured Notes due 2022. The sale of the Notes to the Initial Purchasers pursuant to the Purchase Agreement is expected to close on November 25, 2013.  Full Article

Cheniere Energy Inc Announces Appointment Of CFO-Form 8-K
Monday, 17 Jun 2013 07:03am EDT 

Cheniere Energy Inc reported in its Form 8-K that on June 15, 2013, the Board of Directors appointed H. Davis Thames as Senior Vice President and Chief Financial Officer (CFO). The Board of Directors also appointed Meg A. Gentle as Senior Vice President-Marketing.  Full Article

Cheniere Energy Inc Closing Of Public Offering Of Common Stock
Friday, 20 Jul 2012 10:40am EDT 

Cheniere Energy Inc announced the closing of its previously announced underwritten public offering of common stock. The size of the offering had been increased from the previously announced 20,000,000 shares of common stock to 28,000,000 shares, which were sold to the public at a price per share of $14.05. The net proceeds of the offering, after deducting underwriting discounts and estimated offering expenses, were approximately $380.3 million. Cheniere intends to use the net proceeds from the offering, along with available cash, to repay the $204.6 million principal amount outstanding of the 2.25% convertible notes due August 1, 2012, for capital expenditures on the Creole Trail Pipeline and for general corporate purposes. The offering was made pursuant to an effective shelf registration statement previously filed with the U.S. Securities and Exchange Commission (the Securities and Exchange Commission). Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC served as representatives to the underwriters in the offering.  Full Article

Cheniere Energy Inc Announces Upsizing And Pricing Of Public Offering Of Common Stock
Tuesday, 17 Jul 2012 09:06am EDT 

Cheniere Energy Inc announced the pricing of its previously announced offering of its common stock at a price per share of $14.05. The size of the offering has been upsized from 20,000,000 shares to 28,000,000 shares. Cheniere has also granted the underwriters a 30-day option to purchase up to an aggregate of 4,200,000 additional common shares to cover any over-allotments. The offering is expected to close and settle on July 20, 2012. The Company intends to use the net proceeds from the offering to repay the $204.6 million principal amount outstanding of the 2.25% convertible notes due August 1, 2012, for capital expenditures on the Creole Trail Pipeline and for general corporate purposes. Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC are serving as representatives to the underwriters in the offering.  Full Article

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