February 27, 20266:32 PM UTCUpdated ago By Timothy Gardner The logo of Houston-based liquefied natural gas company Cheniere seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing Rights, opens new tab WASHINGTON, Feb 27 (Reuters) - Cheniere Energy Inc (LNG.N), opens new tab disclosed this week that it got a $370 million tax break from the Trump administration for burning liquefied natural gas in its massive tanker ...

Cheniere Energy, Inc. (NYSE:LNG) is included among the 14 Best LNG Stocks to Buy Now. Cheniere Energy (LNG) Applies to Build New LNG Facility at Corpus Christi Cheniere Energy, Inc. (NYSE:LNG) is the largest producer of liquefied natural gas in the United States and the second-largest LNG operator in the world. On February 5, Cheniere Energy, Inc. (NYSE:LNG) submitted an application with FERC to construct a new LNG facility at its Corpus Christi site in Texas. Corpus Christi is already undergoing a Stag ...

Group 1 - The liquefied natural gas (LNG) sector is expanding at a rate of approximately 3% per annum, which is faster than the overall gas market [1]

Group 1 - Venture Global, Inc. (NYSE:VG) is considered one of the best undervalued stocks to buy under $10, with RBC Capital cutting the price target to $11 from $13 while maintaining an Outperform rating [1] - JPMorgan downgraded Venture Global, Inc. to Neutral from Overweight, raising the price target to $11 from $10, citing a negative revision to its 2025 adjusted EBITDA guidance [3] - The revisions from JPMorgan indicate Venture Global's high sensitivity to short-term pricing, with expectations of continued price uncertainty for liquefied natural gas due to near-term supply additions [4] Group 2 - KeyBanc noted that production curtailments and commodity prices are driving changes in estimates for the natural gas sector, with RBC Capital favoring the natural gas growth story despite recent underperformance [2]

Group 1 - Venture Global, Inc. is ranked fourteenth among the 20 most profitable stocks over the last 20 years [1] - UBS has lowered its price target for Venture Global, Inc. to $16 from $18 while maintaining a Buy rating, following a successful arbitration decision with Repsol [1][2] - The arbitration resolution is considered a key catalyst for Venture Global, as it pertains to LNG sales from the Calcasieu Pass project [2] Group 2 - Venture Global, Inc. is a major U.S. energy company and one of the largest exporters of liquefied natural gas (LNG), developing and operating LNG production facilities along the Gulf Coast [3] - The company provides long-term global contracts and integrated supply chain services, including gas production, transport, shipping, and regasification [3]

Core Viewpoint - Mozambique and TotalEnergies have officially restarted the $20 billion liquefied natural gas project, marking a significant milestone nearly five years after the project was halted [1] Group 1: Project Resumption - The ceremony for the restart of the liquefied natural gas project took place on Thursday [1] - The project had been on hold for almost five years prior to this formal restart [1] Group 2: Financial Implications - The project represents a substantial investment of $20 billion by TotalEnergies in Mozambique [1]

Core Viewpoint - Venture Global (NYSE:VG) is facing a legal dispute with Shell, which is impacting its stock performance and market perception, yet RBC Capital maintains an "Outperform" rating for the company [1][5]. Company Overview - Venture Global is a U.S.-based liquefied natural gas (LNG) producer with a current market capitalization of approximately $21.9 billion [3]. Stock Performance - The stock price of VG is currently at $8.95, reflecting a slight increase of 0.46% or $0.04 from the previous day [2][5]. - VG's stock has fluctuated between a high of $22.14 and a low of $5.72 over the past year, indicating significant volatility in the market [3]. Trading Activity - The trading volume for VG is reported at 1,723,339 shares, suggesting active investor interest and close monitoring of the company's legal situation [4][5]. Analyst Ratings - RBC Capital has adjusted its price target for VG from $13 to $11, citing ongoing legal issues and market conditions as the reasons for this adjustment [2][5].

Core Viewpoint - Shell is challenging its arbitration defeat against liquefied natural gas producer Venture Global, focusing on potential communications between Venture Global and independent engineer Lummus Consultants [1] Group 1 - The arbitration case involves Shell's claims against Venture Global regarding contractual obligations and performance [1] - The outcome of this challenge could have significant implications for Shell's operations and financial standing in the liquefied natural gas sector [1] - The involvement of Lummus Consultants as an independent engineer raises questions about the integrity of the arbitration process and the communications that may have occurred [1]

Core Insights - Indian liquefied natural gas (LNG) importers are delaying long-term contracts to secure lower prices amid an anticipated increase in global supply [1][2] - Major buyers like Gail India Ltd. and Bharat Petroleum Corp. are seeking more flexible contracts, resulting in stalled negotiations with LNG producers for over a year [2][4] - The upcoming India Energy Week will focus on these negotiations, with significant producers attending [3] Industry Dynamics - India aims for gas to constitute 15% of its energy mix by 2030, but has faced challenges due to high LNG prices, leading to stagnant annual imports since 2020 [4][5] - Global LNG capacity is projected to increase by 50% by the end of the decade, prompting Indian buyers to seek long-term contracts around 2028 [5][6] - The city gas sector and non-fertilizer industrial demand are expected to drive LNG consumption growth as affordable LNG becomes available [6] Market Behavior - Indian buyers are currently well-supplied due to contracts signed for 2024 and 2025, reducing the urgency for new long-term deals [7] - Price sensitivity among Indian buyers is high, with industries ready to switch to cheaper alternatives if LNG prices remain elevated [7][8] - Recent price spikes due to cold weather in Europe and Northeast Asia led some Indian buyers to halt purchases, highlighting their price-sensitive nature [8]

Core Insights - Major buyers in India's LNG market, including Gail India Ltd and Bharat Petroleum Corp, are negotiating for lower prices and more flexible long-term contracts, leading to stalled discussions with LNG producers for over a year [10] - India aims for natural gas to constitute 15% of its energy mix by 2030, but has faced challenges due to high LNG prices, with annual imports plateauing since 2020 [2][10] - Global LNG capacity is projected to increase by about 50% by the end of the decade, which could shift the dynamics of supply and pricing in favor of Indian buyers [10] Market Dynamics - The upcoming supply wave is expected to provide a "meaningful upside" for India's LNG imports, particularly in the city gas sector and non-fertilizer industrial demand as affordable LNG becomes available [5][10] - Indian buyers are currently well covered for the near term due to contracts signed for 2024 and 2025, reducing the urgency for additional long-term deals [6][10] - Price sensitivity among Indian buyers is high compared to developed Asian countries, leading to potential shifts to cheaper alternatives if LNG prices remain elevated [7][8][10] Pricing and Negotiations - Indian buyers are seeking long-term supply contracts linked to prices below 12% of the Brent crude benchmark, but suppliers have been hesitant to lower prices from the mid-12% range, resulting in stalled negotiations [9][10] - Recent price spikes due to cold weather in Europe and Northeast Asia have led some Indian buyers to halt purchases and cancel tenders, highlighting the impact of market volatility on buying behavior [8][10]