Cheniere Energy Partners LP Enters Into Agreements With Total Gas & Power North America, Inc For Access To Additional Capacity And Services At Sabine Pass LNG Terminal

Cheniere Energy Partners LP announced that its subsidiary, Sabine Pass Liquefaction, LLC (Sabine Liquefaction), has entered into a partial assignment agreement and related agreements with Total Gas & Power North America, Inc. (Total) whereby Sabine Liquefaction would progressively gain access to Total's send-out capacity and other services provided under its terminal use agreement with Sabine Pass LNG, L.P. (Sabine Pass LNG). These agreements will provide Sabine Liquefaction with additional berthing and storage capacity at the Sabine Pass LNG terminal that may be used to accommodate the development of a fifth liquefaction train, provide increased flexibility in managing LNG cargo loading and unloading activity starting with the commencement of commercial operations of the third liquefaction train, and permit Sabine Liquefaction to more flexibly manage its storage with the commencement of the first liquefaction train. Under a partial assignment agreement, Sabine Liquefaction will gradually obtain access to Total's capacity, with access to 38 Bcf per year effective immediately, approximately 195 Bcf per year effective upon commercial operations of the third liquefaction train and substantially all of Total's capacity upon the start of commercial operations of a potential fifth train.