An LNG export deal with BG Group has not helped Cheniere Energy’s credit rating at Standard & Poor’s.
The ratings agency said in a note to clients that the 3.5 million tonnes per annum agreement is a milestone in Cheniere’s plan to add liquefaction trains at its Sabine Pass LNG import terminal.
It also improves the Houston-based terminal operator’s chance of meeting debt payments due in May.
“However,