What Is Cheniere Energy?


Quick Answer

Cheniere Energy is a natural gas energy company located in Houston, the primary business of which is related to the transport and sale of liquefied natural gas. Cheniere owns and operates the 1,000-acre Sabine Pass LNG Terminal on the Texas-Louisiana border on the Gulf Coast, and is capable of storing and transferring around 4 billion cubic feet of natural gas each day. Cheniere also owns the 94-mile Creole Trail Pipeline, which runs across Louisiana.

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Full Answer

As of 2015, Cheniere Energy is in the midst of developing the Sabine Pass Liquefaction project and the Corpus Christi Pipeline, which plans to connect the Corpus Christi Liquefaction plant located on the Gulf Coast to Sinton Texas for intrastate natural gas transportation. As of January 2016, Cheniere Energy exports its first shipments of U.S. natural gas from the Sabine Pass Terminal after four years of waiting for government approval.

In addition to transportation and liquefaction, Cheniere Energy subsidiary Cheniere Marketing works with the purchase and sale of natural gases and seeks to develop long-term and short-term contracts through the development of the Sabine Pass Liquefaction.

Lebanese restaurateur and businessman Charif Souki created Cheniere Energy in 1997 and saw the development of the Sabine Pass Terminal and Creole Trail Pipeline until their respective completions in 2008.

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