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Carl Icahn in a new venture with Cheniere Energy Inc

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Billionaire Carl Icahn announced a new acquired 8.18% of Cheniere Energy Inc. and plans to seek talks with the management of the company for natural gas, even with the board "if necessary".
Icahn believes flashover Cheniere shares are undervalued and will seek discussions "operations, capital expenditures, financing and administrative compensation," according to 13D. The conversation has not yet been conducted. Shares of Cheniere Energy In increased by 6.5% to $ 69 after launch. the actions of Icahn, after closing at $ 64.81. Cheniere Energy Inc has lost money for at least 21 consecutive years - building the first facility for the export of shale gas in the US Sabine Pass LNG. According to the company website, the terminal should begin deliveries this quarter. Icahn relies on exports of natural gas, after having received actual losses to gas producers, including Talisman Energy Inc. and Chesapeake Energy Corp. a glut on the market collapsed prices. In February, its public holding company Icahn Enterprises LP announced its first annual net loss since 2008

Cheniere Energy Inc was one of the few operators in the US who built a terminal for gas imports over the past decade are planning to cash forecast shortage of fuel. But when shale gas hit the market huge new supply situation changed, CEO Charif Souk changed course and began construction of a new export close to termonala imports. The company, which says it is on track to become the largest buyer of natural gas to the US, also builds the second export terminal in Corpus Christi Texas.

Cheniere Energy Inc has a lead of more than a dozen companies are also trying to build plants for export of shale gas. Cheniere project scheduled to be completed in the first place, and some market analysts do not believe that will reach its full capacity as a result of market conditions. The value of the company's shares jumped more than 30 times from a low of $ 1.77 in 2009 to $ 65.


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