Freeport LNG Says It Was Warned Not to Sign Up Chinese Customers
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The U.S. Energy Department cautioned Freeport LNG Development LP against signing up Chinese customers for the company’s planned liquefied natural gas export terminal in Texas, Chief Executive Officer Michael Smith said.
“Early on in our project, we were quite frankly warned by the Department of Energy that it would not be looked at as politically correct for us to have a large Chinese customer,” Smith said Thursday at the FT Energy Strategies Summit in New York. “One of the largest Chinese customers wanted a full train,” or processing plant, he said.