Oct
12
Chanos Sees Cheniere Facing $30 Billion Debt in LNG Slump
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Kynikos Associates Founder Interviewed on Bloomberg <GO>
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Cheniere’s Sabine Pass May Ship First Cargo This Quarter
Jim Chanos says Cheniere Energy Inc.’s plans to export liquefied natural gas from the U.S. will leave the company burdened with over $30 billion in debt.
Half of the company’s projected 2020 earnings will depend on how much gas Cheniere can sell into the spot market, Chanos, founder and president of New York-based hedge fund Kynikos Associates LP, said Monday in an interview on Bloomberg <GO> with Stephanie Ruhle and David Westin. LNG prices have declined as newly built export terminals around the globe flood the market with supply…
Chanos Sees Cheniere Facing $30 Billion Debt in LNG Slump
