Cheniere Analysis
What is Cheniere?
Leading producer of liquefied natural gas
Employees
1001-5000
Founded
1996
Industry
Fossil Fuels
HQ Full Address
845 Texas Avenue, Houston, Texas 77002, United States
Market Share
50% of US LNG and 11% of global LNG
Product Features & Capabilities
- Liquefied natural gas production
- LNG export services
- Pipeline transportation services
Other Considerations
Serves over 45 markets globally; Operates 11 LNG trains; Recognized as the #1 US LNG producer; Exported approximately 4220 cargoes since 2016
Recent News
Cheniere Energy has been actively pursuing expansion and operational developments in the liquefied natural gas (LNG) sector. Recently, the company is looking to aggressively obtain new regulatory permits to expand its capacity, reflecting a strategic push to enhance its operations. Additionally, Cheniere is moving closer to starting a new LNG export operation in Corpus Christi, Texas, with plans to produce its first liquefied natural gas from an expansion project. The company has also highlighted its role in enhancing global energy security through its 2023 Corporate Responsibility Report, emphasizing the benefits of U.S. LNG in supporting economic growth.
Competitors
- TotalEnergies - A French multinational integrated oil and gas company that is involved in all aspects of the oil and gas industry, including LNG production and trading.
- ExxonMobil - One of the largest publicly traded oil and gas companies in the world, ExxonMobil is heavily involved in LNG production and has significant global operations.
- Chevron - An American multinational corporation that is one of the largest oil companies globally, Chevron is also a major player in the LNG market.
- Kinder Morgan - A North American energy infrastructure company that operates pipelines and storage facilities, including those for natural gas and LNG.
- Sempra Energy - A California-based energy services holding company that is involved in the development and operation of LNG facilities.
- Targa Resources - A provider of natural gas and natural gas liquids services, Targa is involved in the processing and transportation of LNG.
- Golar LNG - A company that specializes in the transportation and regasification of LNG, Golar LNG operates a fleet of LNG carriers and floating storage regasification units.
- Energy Transfer - An American company that provides natural gas and LNG transportation and storage services.
- MPLX - A subsidiary of Marathon Petroleum, MPLX is involved in the transportation and storage of natural gas and natural gas liquids.
- ConocoPhillips - An American multinational corporation engaged in hydrocarbon exploration and production, ConocoPhillips is also involved in LNG projects.
Sustainability Initiatives
- Environmental, Social, and Governance (ESG) Management - Cheniere is committed to the responsible management of its ESG impacts, risks, and opportunities.
- Climate Strategy - The company focuses on maximizing the environmental benefits of liquefied natural gas (LNG) through greenhouse gas (GHG) emissions management. They have set a methane emissions intensity target for their liquefaction assets to reduce their carbon footprint.
- Water Management - Cheniere strives to minimize adverse environmental impacts associated with water use, ensuring the quality and quantity of water resources are preserved.
- Collaboration for GHG Emissions Monitoring - They have launched collaborations with midstream companies, technology providers, and academic institutions to quantify, monitor, report, and verify GHG emissions.
- Corporate Responsibility Reports - Cheniere publishes annual Corporate Responsibility Reports that outline their sustainability efforts and progress in relation to environmental, social, and governance issues.
