3 energy stocks building leadership in the LNG sector
Liquefied natural gas (LNG) has become one of the main pillars of the global energy industry in recent years. With the growing demand for this commodity, particularly in Europe and Asia, companies with sufficient infrastructure and resources to export LNG to world markets are gaining importance.
According to analysts, companies such as Cheniere Energy, Shell a Chevron could play a key role in this transformation. In what follows, we look at their positions in the industry and their future prospects.
Cheniere Energy: the cornerstone of US LNG exports
Cheniere Energy $LNG is considered a pioneer of the US LNG industry. It was the first company to obtain a permit to export LNG from the U.S., and today operates the Sabine Pass terminal, one of the largest export bases in the world. In addition, Cheniere is expanding its Corpus Christi project, the third phase (Stage 3) of which is already 68% complete.
The company is benefiting from long-term contracts with major international partners, which…