A new report by Cheniere Energy, Inc. claims the company now produces 50% of U.S. liquid natural gas and at the same time is a leading supplier to Europe.
The claim is part of Cheniere’s 2023 Corporate Responsibility Report titled “Energy Secured, Benefits Delivered.”
Cheniere has a heavy presence in Oklahoma where it obtains natural gas from the STACK and SCOOP plays, then shipping it to the Gulf via the Midship pipeline that stretches from near Kingfisher south to a connecting line. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi facilities on the U.S. Gulf Coast, with total production capacity of approximately 45 mtpa of LNG in operation and an additional 10+ mtpa of expected production capacity under construction.
Cheniere is headquartered in Houston and has offices in London, Singapore, Beijing, Tokyo and Washington, D.C. The report highlights Cheniere’s critical role in enhancing global energy security while supporting economic growth with its reliable and flexible LNG.
“Energy Secured, Benefits Delivered” also details Cheniere’s progress on environmental, social and governance (ESG) matters, as well as the company’s operational and safety track record, customer focus, project execution and financial performance.
“The benefits of U.S. LNG exports to our local communities, the United States, our friends and allies, and to the global effort to improve air quality and reduce GHG emissions are real and verifiable,” said Jack Fusco, Cheniere’s President and Chief Executive Officer.
Additional highlights from Cheniere’s 2023 Corporate Responsibility Report include:
- Completing quantification, monitoring, reporting and verification (QMRV) R&D projects in collaboration with business partners across Cheniere’s supply chain to improve the overall understanding of LNG lifecycle GHG emissions
- Co-founding and sponsoring the Energy Emissions Modeling and Data Lab (EEMDL), a multidisciplinary research and education initiative led by the University of Texas at Austin in collaboration with Colorado State University and the Colorado School of Mines to advance methods and tools to address the need for accurate, timely and clear accounting of GHG emissions
- Achieving a 0.10 Total Reportable Incident Rate (TRIR), a top-decile safety record in the industry
- Totaling over 13,000 volunteer hours and contributing $5.6 million in direct giving in support of our communities
Source: Business Wire
