Cheniere Energy Partners LP
CQP: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$32.00 | Hdgvc | Myzwypb |
Cheniere Energy Partners Looks To Benefit From the Latest Sabine Pass Expansion
Business Strategy and Outlook
Cheniere is well positioned to be the exporter of the incremental liquefied natural gas supplied to the global market over the next few years, particularly as demand ramps up from China. We expect Cheniere to have about 45 million metric tons per year, or mtpa, LNG capacity online in 2022 and 58 million tons in 2026. We expect the bulk of China's LNG demand growth to be met by U.S. gas supply, given the United States' ability to increase gas and therefore LNG supply significantly.