When we review quarterly calls, we prefer reading the transcripts because it gives us a more objective impression of what’s been said. In Cheniere’s (NYSE:LNG) recent Q1 2017 conference call, one particular line piqued our curiosity, but since it was a single sentence, we chalked it up to just part of the “growth story”.
We’ve written about Cheniere here, here and here, but let’s give you some context. Cheniere is currently developing two LNG liquefaction facilities. The first, located in Sabine Pass, Louisiana, has 3 trains operating and 2 undergoing construction. A Train 6 is being commercialized and has all of the necessary approvals. The second liquefaction facility, located in Corpus Christi, Texas, has 2 trains undergoing construction. A Train 3 is being commercialized and has all of the necessary approvals. As Trains 6 and 3, in Sabine Pass and Corpus Christi, respectively,…
