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Profile: Cheniere Energy Inc (LNG.A)

LNG.A on American Stock Exchange

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Cheniere Energy, Inc., incorporated on March 25, 1983, is an energy company primarily engaged in liquefied natural gas (LNG) related businesses. The Company operates through two segments: LNG terminal business, and LNG and natural gas marketing business. The Company owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Cheniere Partners), which is a publicly traded limited partnership. The Company owns 100% of the general partner interest in Cheniere Partners and over 80.1% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability company that owns approximately 55.9% limited partner interest in Cheniere Partners.

The Sabine Pass LNG terminal is located on the Sabine-Neches Waterway. The Sabine Pass LNG terminal has operational regasification facilities owned by Cheniere Partners' subsidiary, Sabine Pass LNG, L.P. (SPLNG). As of December 31, 2015, these facilities included an infrastructure of five LNG storage tanks with capacity of approximately 16.9 billion cubic feet equivalent (Bcfe), two docks that can accommodate vessels with nominal capacity of up to 266,000 cubic meters and vaporizers with regasification capacity of approximately 4.0 billion cubic feet per day (Bcf/d). Cheniere Partners is developing and constructing natural gas liquefaction facilities (Sabine Pass Liquefaction Project) at the Sabine Pass LNG terminal adjacent to the existing regasification facilities through a subsidiary, Sabine Pass Liquefaction, LLC (Sabine Pass Liquefaction). As of December 31, 2015, Cheniere Partners also owned a 94-mile pipeline that interconnects the Sabine Pass LNG terminal with a number of interstate pipelines (the Creole Trail Pipeline) through a subsidiary, Cheniere Creole Trail Pipeline, L.P. (CTPL).

The Company is developing and constructing a second natural gas liquefaction and export facility at the Corpus Christi LNG terminal, and a pipeline facility (the CCL Project) through subsidiaries, Corpus Christi Liquefaction, LLC (CCL) and Cheniere Corpus Christi Pipeline, L.P. (CCP), respectively. As of December 31, 2015, the CCL Project also included a 23-mile, 48-inch natural gas supply pipeline.

LNG Terminal Business

The Company is focused on the development of over two LNG terminal projects: the Sabine Pass LNG terminal in western Cameron Parish, Louisiana, and the Corpus Christi LNG terminal near Corpus Christi, Texas. Through Cheniere Partners, the Company has constructed and is operating regasification facilities at the Sabine Pass LNG terminal and are developing and constructing the Sabine Pass Liquefaction Project. The Company owns 100% interest in the CCL Project.

LNG and Natural Gas Marketing Business

The Company's subsidiary, Cheniere Marketing, LLC (Cheniere Marketing), is engaged in the LNG and natural gas marketing business and is developing a portfolio of long-term, short-term and spot LNG purchase and spot LNG sale and purchase agreements (SPAs). Cheniere Marketing purchases, transports and unloads commercial LNG cargoes into the Sabine Pass LNG terminal and other LNG terminals across the world.

Company Address

Cheniere Energy Inc

700 Milam St Ste 1900
HOUSTON   TX   77002-2806
P: +1713.3755000
F: +1713.3756000

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