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. |