Cheniere Energy CEO Jack Fusco said his company could ultimately double its size from Chinese demand, but the current trade rhetoric between the U.S. and China needs to come to an end.
U.S. liquified natural gas exports are a part of the trade discussions between the U.S. and China, and both countries see it as an area for expansion. Cheniere Energy is expected to be a winner once a trade deal is concluded.
LNG is a form of natural gas that is super-chilled and turned into a liquid for transport by sea. Cheniere has been a pioneer in the industry, and its Sabine Pass on the Gulf Coast was the first U.S. LNG export facility in the lower 48 states.
"I'm not going to speak about our commercial negotiations. China, as we've talked about, has been a real focal point for the company. We are dedicated to that market. We've sent over 60 tankers to China so far from our facility at Sabine Pass," he said in an interview with CNBC. "We've got a strong relationship with the counterparties in China, and we're expecting good things to happen there."