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Cheniere Energy Partners LP Holdings declares quarterly dividend

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LNG Industry,


Cheniere Energy Partners LP Holdings LLC has announced that its Board of Directors has declared a quarterly cash dividend of US$0.020 per common share representing limited liability company interest in the company.

The company claims that the dividend will be payable on 26 August 2016 to shareholders of record as of close of business 16 August 2016.

Cheniere Partners Holdings owns a 55.9% limited partner interest in Cheniere Energy Partners L.P. (Cheniere Partners) – a publically traded limited partnership. Cheniere Partners Holdings' only business consists of owning Cheniere Partners units. Its operational and financial results are, therefore, dependent on the performance of Cheniere Partners.

Cheniere Partners is both the owner and operator of regasification facilities. The company is also planning to build up to six liquefaction trains next to these facilities. It is expected that these will have an aggregate nominal production capacity of approximately 27 million tpy. Train 1 is currently operating, whilst Train 2 is undergoing commissioning, Trains 3, 4 and 5 are being built, and Train 6 has been fully permitted.

Edited from press release by David Rowlands

Read the article online at: https://www.lngindustry.com/liquefaction/08082016/cheniere-energy-partners-lp-holdings-declares-quarterly-dividend-2871/

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