Summary
Cheniere Energy, Inc. (LNG) announced a significant step in its LNG Gateway(TM) Program through a press release filed on September 6, 2005. The company's newly formed entity, Cheniere LNG Trading and Marketing, Inc., has initiated a Request for Proposals (RFP) to procure up to 200 liquefied natural gas (LNG) cargoes annually from 2008 through 2010. This initiative is crucial for Cheniere as it seeks to secure a substantial volume of LNG, indicating a proactive approach to building its trading and marketing operations. The RFP targets a three-year period, demonstrating a commitment to establishing long-term supply relationships and supporting the commercial viability of its proposed LNG infrastructure projects.
Key Highlights
- 1Cheniere LNG Trading and Marketing, Inc. issued a Request for Proposals (RFP).
- 2The RFP is for the sale of up to 200 liquefied natural gas (LNG) cargoes per year.
- 3The supply period targeted by the RFP is from 2008 through 2010.
- 4This action is part of Cheniere's LNG Gateway(TM) Program.
- 5The filing also includes the press release dated September 6, 2005, as an exhibit.
Frequently Asked Questions
The purpose of the RFP is to solicit offers to sell up to 200 liquefied natural gas (LNG) cargoes per year to Cheniere LNG Trading and Marketing, Inc. for the years 2008 through 2010. This is a key step in building out their LNG trading and marketing capabilities and securing supply for their infrastructure projects.
The LNG Gateway(TM) Program is an initiative by Cheniere Energy to develop and manage its liquefied natural gas (LNG) trading and marketing operations. The RFP for LNG cargoes is a component of this program, aimed at securing the necessary supply to support their business strategy.
Cheniere is seeking to procure up to 200 LNG cargoes per year for the period spanning 2008, 2009, and 2010.
The RFP was issued by Cheniere LNG Trading and Marketing, Inc., a newly formed entity under Cheniere Energy, Inc.