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Gold/Mining/Energy : LNG

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To: Dennis Roth who wrote (269)12/9/2004 6:16:44 AM
From: Dennis Roth  Read Replies (3) of 919
 
Cheniere says ChevronTexaco unit ends talks
Wed Dec 8, 2004 09:57 PM ET
yahoo.reuters.com

NEW YORK, Dec 8 (Reuters) - Cheniere Energy Inc. (LNG.A: Quote, Profile, Research) , a developer of energy terminals, on Wednesday said a unit of ChevronTexaco Corp. (CVX.N: Quote, Profile, Research) has ended talks to acquire a stake in Cheniere's limited partnership Sabine Pass LNG.

Houston-based Cheniere also said the ChevronTexaco unit, Chevron U.S.A. Inc (CUSA), will tell Sabine by Dec. 20 whether it plans to proceed with a $20 million contract, announced in November, to use a Sabine facility.

© Reuters 2004. All Rights Reserved.
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