Cheniere Energy (NYSE: LNG), the biggest U.S. LNG exporter, booked an 85% higher net income for the second quarter from a year earlier amid strong demand for LNG and higher price margins of LNG cargoes delivered in 2025.
Cheniere reported on Thursday a net income $1.63 billion for the second quarter, an 85% surge from the $880 million income for the same period last year.
Total revenues jumped by 43% to $4.64 billion, of which $4.5 billion was LNG revenues.
Cheniere also announced it achieved this month substantial completion of Train 2 of the Stage 3 expansion of the Corpus Christi LNG terminal near Corpus Christi, Texas.
The expansion consist of seven midscale Trains with an expected total production capacity of over 10 mtpa of LNG, including approximately 3 mtpa in operation and more than 7 mtpa under construction, Cheniere said.
“For the remainder of the year, we are focused on growing our brownfield platform, bringing online new capacity at Corpus Christi ahead of schedule and on budget, and delivering results within our upwardly revised guidance ranges,” Cheniere’s president and CEO Jack Fusco said.
The top U.S. LNG exporter and other project developers of liquefied natural gas export facilities in the United States, the world’s largest LNG exporter, have benefited from strong international LNG demand and a substantial reversal of domestic policies, which favor American oil and gas projects and exports under President Donald Trump.
U.S. LNG exports have increased every year since 2016, rising from 0.5 Bcf/d in 2016 to 11.9 Bcf/d in 2024, making the United States the world’s largest LNG exporter in 2023 and 2024.
EIA expects U.S. LNG exports to continue growing, driven by the start-up of Plaquemines LNG, Corpus Christi LNG Stage 3, and Golden Pass LNG.
U.S. LNG exporters are also expected to benefit from the pledges of the EU and other trade partners to buy more American energy as part of bilateral trade deals with the United States.
By Michael Kern for Oilprice.com
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