Cheniere Energy Partners, LP Common
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Cheniere Energy Partners, L.P. owns and operates natural gas liquefaction and export facilities at the Sabine Pass LNG terminal in Louisiana. The partnership operates LNG trains that liquefy natural gas for export to international markets under long-term contracts with energy companies and utilities. Cheniere Partners generates revenues from capacity reservation fees under take-or-pay contracts where customers pay regardless of LNG volumes taken. The partnership is majority-owned and operated by Cheniere Energy, Inc., which also owns the Corpus Christi LNG facility. Headquartered in Houston, Texas, Cheniere Partners benefits from essential LNG export infrastructure, long-term contracts with creditworthy counterparties providing stable cash flows, and growing global LNG demand. The partnership was formed to own and operate LNG infrastructure and distribute cash to unitholders. Cheniere Partners faces operational risks, contract renewal and pricing risks, competition from other LNG exporters, and commodity price exposure affecting customer economics. The partnership provides income-oriented investors with exposure to U.S. LNG export growth. Cheniere Partners pays quarterly distributions and continues to operate its facilities while its parent pursues additional LNG projects and growth opportunities.