BeaconEquity.com announces the publication of “Cheniere Energy Inc. Completes 99% of the Sabine Pass LNG Receiving Terminal Construction”
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In the article the author covers Cheniere Energy Inc announced the downsizing of its natural gas marketing activities:
“Sediments from remains of plants and animals are deposited in ancient oceans and other bodies of water, forming sedimentary rocks, which are the source of oil and gas after exposure to specific temperature and pressure. The goal of production and exploration companies is to find hydrocarbon reservoirs, drill oil and gas wells…
“Cheniere Energy Inc., through its subsidiaries, engages in the development, construction, ownership and operation of onshore liquefied natural gas (LNG) receiving terminals and natural gas pipelines along the Gulf Coast of the United States.”
“As of March 31, 2008, the company completed construction of 99 percent of the Sabine Pass LNG receiving terminal consisting of an initial send out capacity of approximately 2.6 billion cubic feet per day…”
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