Financial Times: China fund invests in US gas export plant

China’s sovereign wealth fund China Investment Corp has invested in Cheniere Energy Partners’ planned plant exporting liquefied natural gas from the US, in the latest sign of Asian companies’ interest in North American energy assets.

A Chinese investment in this groundbreaking and politically sensitive project, which will be the first LNG export terminal in the US outside Alaska, risks stirring up objections from politicians who have queried whether gas exports from Cheniere’s plant at Sabine Pass on the Texas-Louisiana border would be in the interests of US businesses and consumers. MORE