Cheniere Energy (NYSEMKT: CQP) is entering into a sale and purchase agreement with a subsidiary of Total (NYSE:TOT) for approximately 2 million tons per annum. Cheniere's Sabine Pass terminal can readily accommodate up to 4 LNG trains; this deal comprises roughly the amount left on Cheniere's train 5, which it plans to have by 2018. In this video, Motley Fool energy analyst Joel South breaks down the numbers for us and tells us what that means in terms of revenue.
There are many different ways to play the energy sector, and our analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations and is poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out our special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this company before the market does. Click here to access your report -- it's totally free.
The article Cheniere Locks In LNG Capacity originally appeared on Fool.com.Joel South, Taylor Muckerman, and The Motley Fool have no positions in the stocks mentioned above. Motley Fool newsletter services recommend Total SA. (ADR). Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.