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    Platts: Cheniere sees half of its U.S. LNG Exports Headed for Europe - Official

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Summary

Some 50% of Cheniere's future LNG supply from the US is likely to go to Europe, a senior company official said Wednesday

by: Erica Mills

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Press Notes

Platts: Cheniere sees half of its U.S. LNG Exports Headed for Europe - Official

Some 50% of Cheniere's future LNG supply from the US is likely to go to Europe, but the low cost of the gas would also give European buyers the option to send cargoes onward to other markets, a senior company official said Wednesday.

Cheniere Marketing President Jean Abiteboul said at a conference in Geneva that there were uncertainties over the demand picture for LNG in places like China and India, and that price would be the determining factor in where cargoes ultimately end up.

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