Cheniere’s CEO sells shares
Cheniere’s CEO Charif Souki sold 50,000 shares of the company’s stock on the open market in a transaction on Monday.
The shares were sold at an average price of $75.32, for a total value of about $3,76 million, according to a SEC filing. Souki now directly owns 4,570,327 shares of Cheniere’s stock.
Houston-based Cheniere, which is developing the Sabine Pass liquefaction project in Lousiana, expects to make first LNG from Sabine Pass Train 1 in late 2015.