Report
Stephen Ellis
EUR 101.80 For Business Accounts Only

Cheniere Signs First LNG Deal With China

Cheniere Energy announced that it has signed two LNG agreements with China National Petroleum for about 1.2 million tons per year. Until this point, Cheniere had been supplying China with LNG via the spot market, and the agreement represents the first long-term contract for LNG between the U.S. and China. The contract is for 25 years and extends to 2043, and is indexed to Henry Hub plus a fixed price, but actual pricing terms were not disclosed. We plan to maintain our $63 fair value estimate fo...
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Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Stephen Ellis

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