US liquefied natural gas supplier Cheniere Energy returned to profits in 2022 as global demand for LNG boosted exports and paved the way for major expansions at its liquefaction sites on the US Gulf Coast.
Cheniere posted a net profit of $1.4 billion for the full year 2022, reversing a $2.3 billion loss it incurred in 2021, the company said in its financial update on Thursday.
The improved finances allowed for a $5.4 billion reduction in long-term debt as well as a $1.4
