Cheniere, JPMorgan Enter Domestic Marketing Agreement
Posted on Jun 30, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere, JPMorgan Enter Domestic Marketing Agreement
Late last week Cheniere Energy announced that its subsidiary, Cheniere Marketing, Inc., has entered into a domestic marketing agreement with JPMorgan Ventures Energy Corporation, a JPMorgan Chase & Co. subsidiary. Under the agreement, JPMorgan will purchase LNG delivered to Cheniere at its Sabine Pass LNG terminal and acquire a portion of Cheniere’s storage and regasification services at the terminal. The press release is available via Business Wire.