Former Cheniere CEO Souki Starts His Own LNG Company

The transcript features an interview with Sharif Suki, former CEO of Shanir Energy, discussing his new venture, Tellurian Investments, and the impact of US LNG exports on global markets. Suki highlights the US's abundant natural gas supply and cost advantages in liquefaction. He explains the shift towards cheaper long-term contracts and the competitive pricing of US LNG in Europe and Asia. Suki also discusses his continued interest in Shanir and its potential for acquisition, despite current market challenges.

What is one of the main reasons for the abundance of natural gas in the US?

• Importing natural gas from other countries

• Technological advancements in extraction

• Government subsidies for natural gas

• High demand for natural gas

How does the cost of liquefaction in the US compare to that in Australia?

• It is cheaper in the US

• It is more expensive in the US

• Costs are about the same

• Australia does not liquefy natural gas

What is the expected price range for US LNG delivered to Europe?

• $6 to $7 per MMBtu

• $10 to $12 per MMBtu

• $3 to $4 per MMBtu

• $15 to $18 per MMBtu

What percentage of Tellurian's business is expected to be based on long-term contracts?

• 50%

• 80%

• 30%

• 100%

What is Sharif Suki's current role in Shanir Energy?

• Consultant

• Board Member

• Large Shareholder

• CEO

What is a major challenge for potential buyers of Shanir Energy?

• Financial constraints and balance sheet issues

• Lack of interest in the energy sector

• Regulatory hurdles

• High oil prices

What makes Shanir Energy an attractive investment proposition?

• Its declining market share

• Its high dividend payouts

• Its strong long-term cash flow potential

• Its focus on renewable energy