(Reuters) -Liquefied natural gas (LNG) exporter Cheniere Energy reported a fall in quarterly revenue, hit by lower natural gas prices as well as export volumes.
U.S. natural gas prices were down about 60% in the July-September quarter, as production in the United States continued to rise and concerns eased over energy security in Europe.
Cheniere said the fall in revenue was due to lower natural gas pricing at the U.S. benchmark Henry Hub.
The company also faced outages at its gas-processing plant in September, which led to lower shipments and sales to customers.
Houston-based Cheniere said it delivered 555 trillion British thermal units (tBtu) of LNG in the quarter, compared with 560 tBtu a year earlier.
The company posted revenue of $4.2 billion for the third quarter, compared with $8.9 billion a year earlier.
(Reporting by Mrinalika Roy in Bengaluru; Editing by Shounak Dasgupta)
