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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: CommanderCricket8/6/2015 7:15:12 PM
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LNG will have two export facilities, one at Sabine Pass, which is nearly complete, and one at Corpus Christi, which is just getting underway.

At Sabine Pass, "At least two anchor shippers on the Rover project have committed to supply significant amounts of Marcellus/Utica gas to Sabine Pass: Antero Resources will provide 200 MMcf/d at CME/NYMEX – Henry Hub, LA based pricing when the liquefaction/export facility starts up, and Range Resources will provide an unspecified (but surely major) amount of gas to Sabine Pass for five years starting in 2017. Since we’re on the subject of gas supply, Cheniere said in a July 10 (2015) presentation that so far it’s entered into term gas supply contracts with producers for about half of the required daily load of Sabine Pass trains 1 through 4 at prices averaging a 10 cents/MMBtu discount to Henry Hub. (The contracts have terms of one to seven years.)"

See: rbnenergy.com
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