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Cheniere "Evaluating Strategic Options" for Sabine Pass Terminal

Cheniere Energy announced yesterday that it is assessing strategic options to enhance shareholder value at its Sabine Pass LNG terminal, and has chosen Credit Suisse to serve as its financial advisor during the process. “We do not believe that our curren
February 25, 2008

Cheniere Energy announced yesterday that it is assessing strategic options to enhance shareholder value at its Sabine Pass LNG terminal, and has chosen Credit Suisse to serve as its financial advisor during the process. “We do not believe that our current market valuation is reflective of the true value of this unique asset, and we are therefore exploring options to enhance value for our shareholders,” said Cheniere CEO Charif Souki. Forbes provides additional details.

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