US terminal operator Cheniere Energy has cut its fourth quarter losses by 32.9%.
The Houston-based company logged $57.8 million in net losses during the period, down from $86.1 million during the same period of 2010.
While Cheniere reported $7.76 million in operating income, the company’s bottom line continued to be weighed down by indebtedness.
Interest expenses amounted to $65.5 million during the quarter.
The
