Leader: Private equity in tune on US play

Blackstone Group, one of the powerhouses of private equity, has placed a $2 billion bet on LNG exports from the US.

The equity finance deal for Cheniere’s project to build liquefaction capacity at its Sabine Pass LNG import terminal shows that big money ‘gets’ the opportunity the developer first flagged up more than 18 months ago.

Meanwhile, Japanese buyers are kicking the tyres at import terminals elsewhere in the US to buy LNG once those facilities are converted into export plants, as a government official revealed this week.

Buyers