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.