Cheniere Energy Inc. (NYSE American: LNG) provided updates on company operations resulting from Hurricane Harvey, and announced that it will make a $1 million donation to the American Red Cross to assist in the relief and recovery efforts following the storm.
"Our thoughts and prayers are with all of our neighbors and communities here in Texas and Louisiana that have been impacted by this devastating and continuing storm," said Jack Fusco, President and CEO of Cheniere. "While Cheniere has been lucky to avoid any major impacts from Harvey, many in our communities have a long road ahead to assess the damage and recover from this storm. To help in the relief efforts, Cheniere will donate $1 million to the Red Cross Harvey relief efforts."
Cheniere conducted initial assessments of impact from Hurricane Harvey. At Sabine Pass, LNG production operations continued through the storm. Early assessments of the Corpus Christi construction site by Cheniere and our EPC partner Bechtel showed only minor cosmetic impacts. Cheniere is currently working to contact all employees to ensure they are safe and assess their needs.
"Now that the storm has passed through our Corpus Christi construction site, we are pleased to report that Corpus Christi saw no major impacts, and no interruption of LNG production at Sabine Pass has been experienced," said Fusco. "Moving forward, Cheniere will focus on helping our hometown of Houston recover and the communities around Corpus Christi rebuild."
As the storm is expected to continue to impact the Houston area, Cheniere has activated its emergency office location in Dallas to support its gas supply and trading division and other essential functions to ensure obligations are met to continue producing LNG at Sabine Pass.