Cheniere Back to LNG Stock of the Future (LNG, CQP)

Cheniere Energy, Inc. (AMEX: LNG) is continuing the surge seen early on this morning after the LNG export facility builder signed a 20-year purchase pact with Gas Natural Fenosa, a large integrated gas and electric provider located in Latin America and Spain.  Cheniere Energy Partners, LP (AMEX: CQP) is developing the project to add liquefaction and additional export capabilities on top of the existing Sabine Pass terminal facility. This gas is to be marketed in the Atlantic and Pacific markets after the widening of the Panama Canal. 

Cheniere Energy, Inc. (AMEX: LNG) is up 10.6% at $12.69 versus a 52-week range of $3.17 to $12.86; Cheniere Energy Partners, LP (AMEX: CQP) is up 3% at $16.35 versus a 52-week range of $11.52 to $24.54.