HOUSTON, Aug. 28, 2017 /PRNewswire/ -- Cheniere
Energy, Inc. ("Cheniere") (NYSE American: LNG) today provided
updates on company operations resulting from Hurricane Harvey, and
announced that it will make a $1
million donation to the American Red Cross to assist in the
relief and recovery efforts following the storm.
"Our thoughts and prayers are with all of our neighbors and
communities here in Texas and
Louisiana that have been impacted
by this devastating and continuing storm," said Jack Fusco, President and CEO of Cheniere.
"While Cheniere has been lucky to avoid any major impacts from
Harvey, many in our communities have a long road ahead to assess
the damage and recover from this storm. To help in the relief
efforts, Cheniere will donate $1
million to the Red Cross Harvey relief efforts."
Cheniere conducted initial assessments of impact from Hurricane
Harvey. At Sabine Pass, LNG
production operations continued through the storm. Early
assessments of the Corpus Christi
construction site by Cheniere and our EPC partner Bechtel showed
only minor cosmetic impacts. Cheniere is currently working to
contact all employees to ensure they are safe and assess their
needs.
"Now that the storm has passed through our Corpus Christi construction site, we are
pleased to report that Corpus
Christi saw no major impacts, and no interruption of LNG
production at Sabine Pass has been
experienced," said Fusco. "Moving forward, Cheniere will focus on
helping our hometown of Houston
recover and the communities around Corpus
Christi rebuild."
As the storm is expected to continue to impact the Houston area, Cheniere has activated its
emergency office location in Dallas to support its gas supply and trading
division and other essential functions to ensure obligations are
met to continue producing LNG at Sabine
Pass.
Cheniere's severe weather and safety teams remain activated and
continue to monitor the remnants of Hurricane Harvey.
About Cheniere
Cheniere Energy, Inc., a Houston-based energy company primarily engaged
in LNG-related businesses, owns and operates the Sabine Pass LNG
terminal in Louisiana. Directly
and through its subsidiary, Cheniere Energy Partners, L.P.,
Cheniere is developing, constructing, and operating liquefaction
projects near Corpus Christi,
Texas and at the Sabine Pass LNG terminal, respectively.
Cheniere is also exploring a limited number of opportunities
directly related to its existing LNG business.
For additional information, please refer to the Cheniere website
at www.cheniere.com and Quarterly Report on Form 10-Q for the
quarter ended June 30, 2017, filed
with the Securities and Exchange Commission.
Forward-Looking Statements
This press release contains
certain statements that may include "forward-looking statements"
within the meanings of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934. All
statements, other than statements of historical or present facts or
conditions, included herein are "forward-looking statements."
Included among "forward-looking statements" are, among other
things, (i) statements regarding Cheniere's business strategy,
plans and objectives, including the development, construction and
operation of liquefaction facilities, (ii) statements regarding
expectations regarding regulatory authorizations and approvals,
(iii) statements expressing beliefs and expectations regarding the
development of Cheniere's LNG terminal and pipeline businesses,
including liquefaction facilities, (iv) statements regarding the
business operations and prospects of third parties, (v) statements
regarding potential financing arrangements and (vi) statements
regarding future discussions and entry into contracts. Although
Cheniere believes that the expectations reflected in these
forward-looking statements are reasonable, they do involve
assumptions, risks and uncertainties, and these expectations may
prove to be incorrect. Cheniere's actual results could differ
materially from those anticipated in these forward-looking
statements as a result of a variety of factors, including those
discussed in Cheniere's periodic reports that are filed with and
available from the Securities and Exchange Commission. You should
not place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. Other than as
required under the securities laws, Cheniere does not assume a duty
to update these forward-looking statements.
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SOURCE Cheniere Energy, Inc.