This segment is from Thursday's edition of 'Digging for Value', in which sector analysts Joel South and Taylor Muckerman discuss energy & materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays & Thursdays. It can also be found on Twitter, along with our extended coverage of the energy & materials sectors @TMFEnergy.
With its Sabine Pass liquified natural gas export facility estimated to come online in 2015, Cheniere Energy, Inc. (LNG -0.06%) continues lining up deals for its Corpus Christi project. Once approved for non-FTA exporting, the facility should have the capacity to export 2.1 billion cubic feet per day. A portion of that will now be going to Pertamina, a state-owned energy company in Indonesia. The deal will last from 2018 until 2038. With the first four trains of the Sabine Pass, operated by Cheniere Energy Partners (CQP 1.31%), facility already approved, further good news out of Corpus Christi should continue driving Cheniere Energy's stock price higher.
