Cheniere Energy Shares Popped: What You Need to Know

• Report this Comment On February 09, 2012, at 4:26 PM, Stanleydb wrote:

  First off, they expect to start exporting in 2015.

  Second, there will be a limit on how many of these export facilities will be approved. The Energy Dept. will be sensitive to environmental concerns, and to concerns by big gas users like DOW who will not want prices to skyrocket because of unlimited exports. Only a very few will get approved, and Cheniere is already approved.

  Finally, someone could easily buy this company for its future LNG export position. Buffett, maybe?

• Report this Comment On February 09, 2012, at 4:39 PM, NattyGuy wrote:

  I agree with you. The DOE is already working on changes to export approval to satisfy the masses on both sides.

  "DOE Planning Changes for LNG Export Procedures - February 8, 2012

  Noting that "the market and technology have outgrown" current federal regulatory processes for permitting LNG exports, Deputy Assistant Secretary of Energy Christopher Smith told an audience in Washington, D.C., that his office will revise regulatory procedures for LNG export applications."

  I do doubt that they will sell out to a major though. Their CEO is a hardballer with strong ties in the financial industry. I see them possibly taking on an equity partner though.

  I feel there will be maybe 2 or a max of 3 export terminals built in the USA.

• Report this Comment On February 09, 2012, at 4:56 PM, ravens9111 wrote:

  Could be mistaken, but isn't Dominion Resources also building an export terminal? Wouldn't they be a much safer investment?

• Report this Comment On February 09, 2012, at 4:58 PM, Hawmps wrote:

  First off, "CEO Frank Chapman said he saw strong demand for the LNG market in the future, saying he thought 45 million tons of LNG could be exported from the U.S. by 2020"

  That statment puts an actual quantity estimate with the timing of 2020, it does not say that it won't start exporting until 2020.

• Report this Comment On February 09, 2012, at 10:37 PM, blbrooks42 wrote:

  I am pretty sure they have already been approved to export and they have lost money for what 10 years and are still going. What is another 3 years until this thing takes off....

• Report this Comment On February 12, 2012, at 9:13 PM, PENNAGENTLEMAN wrote:

  Feb 12-pennagentleman

  Cheniere has been given a wide open monopoly

  to export LNG worldwide by the US Dept of Commerce July 2011.. True major facilities are in process and it will take time, but they have already signed a number of worldwide contracts for "all they can produce" as quickly as facilities are in place. And a number of major gas producers located in the immediate area southern states are gearing up with direct pipeline connections. Several shipping companies with LNG tankers and building more

  will be ready for this operation. This is big and is

  destined to a multi-billions of dollars in revenue

  and a take over by a major energy corporation

  seems a number one possibility because the

  future of this deal is a global financial winfall for

  LNG exporting from the United States.

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