Cheniere Energy Partners L.P. has declared a cash distribution per common unit of US$0.425 (US$1.70 annualised) to unitholders of record as of 3 August 2015, as well as the related distribution to its general partner. All of these distributions are payable on 14 August 2015.
Cheniere Partners owns the Sabine Pass LNG terminal located on the Sabine Pass deepwater shipping channel, US. The LNG terminal includes existing infrastructure of five LNG storage tanks, two docks that can accommodate vessels with nominal capacity of up to 266 000 m3, and vaporisers.
Cheniere Partners is developing natural gas liquefaction facilities at the Sabine Pass LNG terminal adjacent to the existing regasification facilities. Over time, Cheniere Partners plans to construct up to six LNG trains, which are in various stages of development. Each train is expected to have a nominal production capacity of approximately 4.5 million tpy of LNG. Five trains are currently under construction. First LNG from train 1 is expected as early as late 2015.
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/27072015/quarterly-distributions-announced-by-cheniere-energy-1065/