Cheniere Energy reports first quarter 2012 financial results

HOUSTON, Texas - Cheniere Energy, Inc. (LNG) reported a net loss of $56.4 million, or $0.43 per share (basic and diluted), for the quarter ended March 31, compared with a net loss of $39.8 million, or $0.60 per share (basic and diluted), for the comparable 2011 period.

Results include LNG terminal and pipeline development expenses of $21.8 million, or $0.17 per share for the quarter ended March 31, and $8.4 million, or $0.13 per share, for the comparable 2011 period, which primarily related to the Sabine Pass Liquefaction Project currently under development.