The company posted a loss of $122 million for the March quarter, compared with the net loss of $124 million posted in the first quarter of 2013.

Total revenue was up slightly for the quarter with the company bringing in $67 million for the quarter, compared to $65 million in the corresponding quarter last year.

Cheniere said its improved position was thanks to lower costs across the board, including a drop in spending on the company’s liquefied natural gas facility in Texas.

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