Cheniere CEO on Hurricane Harvey. LNG Supplies

The transcript discusses the impact of Hurricane Harvey on operations, emphasizing safety and business continuity. It covers the cargo situation and port operations, highlighting the resilience of the LNG industry. The text also explores the construction and recovery efforts, the competitive LNG market, and future plans and challenges, particularly in relation to Asian demand and pricing.

What was the primary focus of the company during Hurricane Harvey?

• Maximizing production

• Reducing operational costs

• Expanding market share

• Ensuring employee safety

How did the company manage to avoid declaring force majeure?

• By halting all operations

• By fulfilling contracts from another area

• By maintaining LNG production

• By outsourcing operations

What role did Bechtel play during the storm?

• They delayed all construction activities

• They secured equipment and minimized damage

• They increased the workforce

• They outsourced construction tasks

What is the expected growth rate of LNG demand in China?

• 40% per year

• 100% per year

• 5% per year

• 14% per year

What is the ARB spread that the company finds acceptable for further investment?

• Above $3

• Below $1

• Between $1 and $2

• Between $2 and $3

Which region has received over 40% of the company's LNG cargoes?

• Europe

• Central and South America

• Africa

• Australia

What strategic advantage does the Gulf Coast location offer?

• Proximity to Asian markets

• Favorable weather conditions

• Access to liquid natural gas supply

• Lower labor costs