Cheniere Energy turns first quarterly profit with LNG exports

Exporting liquefied natural gas is officially profitable for the first time, Houston’s Cheniere Energy reported Tuesday. After becoming the first U.S. company to begin exporting LNG early last year, Cheniere on Tuesday reported its first quarterly profit now that revenue is streaming in regularly. Cheniere posted a $110 million fourth-quarter profit, compared with a $291 million …
Source: FuelFix