Cheniere Energy Q3 Earnings Dip on Lower LNG and Gas Prices ...Middle East

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Cheniere Energy Q3 Earnings Dip on Lower LNG and Gas Prices
source : OILPRICE ( Middle East ) () 48
The biggest U.S. LNG exporter, Cheniere Energy Inc (NYSE: LNG), reported on Thursday a decline in third-quarter revenues and profits amid decreased market volatility and lower international LNG and natural gas prices. Cheniere Energy booked $3.763 billion in total revenues for Q3, down from $4.159 billion for the same period last year. LNG revenues dropped to $3.554 billion from $3.974 billion, amid “significant declines of historic volatility in international gas prices and moderated and sustained spot prices in the current periods relative…

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