Cheniere Delays First LNG Export to Late February or March
- Previous estimate for Sabine Pass terminal was late January
- `Minor' wiring problem found during plant commissioning
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Cheniere Energy Inc. said its first cargo of liquefied natural gas from its new Louisiana export terminal will be delayed by as much as two months because of faulty wiring.
The Houston-based company said it now plans to ship its first LNG cargo from Sabine Pass in late February or March, missing its previous estimate of the third week of January. Shares rose 0.7 percent to $32.81 in New York.