Tuesday, December 22, 2009

Sabine Pass LNG Port to See Activity

Reuters reported that Cheniere Energy's little used Sabine Pass LNG port will receive shipments from two Qatari LNG tankers before the end of December.  Like moths to a flame, LNG operators see the spike in spot market prices in the U.S. now that the storage situation has eased and are directing excess supply here.  Global supply and demand at work, I guess.

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