HOUSTON, Oct. 24, 2014 /PRNewswire/ -- Cheniere
Energy Partners, L.P. ("Cheniere Partners") (NYSE MKT: CQP) today
declared (i) a cash distribution per common unit of $0.425 ($1.70
annualized) to unitholders of record as of November 3, 2014, and (ii) the related
distribution to its general partner. All of these distributions are
payable on November 14, 2014.
Cheniere Partners is a Delaware
limited partnership that owns 100 percent of the Sabine Pass LNG
terminal located on the Sabine Pass Channel in western Cameron Parish, Louisiana and the Creole Trail
Pipeline. The Sabine Pass LNG terminal has regasification and
send-out capacity of 4.0 billion cubic feet per day (Bcf/d) and
storage capacity of 16.9 billion cubic feet equivalent (Bcfe).
Cheniere Partners is developing and constructing a project to add
liquefaction and export capabilities adjacent to the existing
infrastructure at the Sabine Pass LNG terminal. Additional
information about Cheniere Partners may be found on its website:
http://www.cheniere.com.
This press release serves as qualified notice to nominees as
provided for under Treasury Regulation Section 1.1446-4(b)(4) and
(d). Please note that 100 percent of Cheniere Partners'
distributions to foreign investors are attributable to income that
is effectively connected with a United
States trade or business. Accordingly, all of Cheniere
Partners' distributions to foreign investors are subject to federal
income tax withholding at the highest applicable effective tax
rate. Nominees are treated as withholding agents responsible for
withholding distributions received by them on behalf of foreign
investors.
Forward-Looking Statements
This press release contains certain statements that may include
"forward-looking statements." All statements, other than statements
of historical facts, included herein are "forward-looking
statements." Included among "forward-looking statements" are, among
other things, (i) statements regarding Cheniere Partners' business
strategy, plans and objectives, including the construction and
operation of liquefaction facilities, (ii) statements regarding our
expectations regarding regulatory authorizations and approvals,
(iii) statements expressing beliefs and expectations regarding the
development of Cheniere Partners' LNG terminal and liquefaction
business, (iv) statements regarding the business operations and
prospects of third parties, (v) statements regarding potential
financing arrangements and (vi) statements regarding future
discussions and entry into contracts. Although Cheniere Partners
believes that the expectations reflected in these forward-looking
statements are reasonable, they do involve assumptions, risks and
uncertainties, and these expectations may prove to be incorrect.
Cheniere Partners' actual results could differ materially from
those anticipated in these forward-looking statements as a result
of a variety of factors, including those discussed in Cheniere
Partners' periodic reports that are filed with and available from
the Securities and Exchange Commission. You should not place undue
reliance on these forward-looking statements, which speak only as
of the date of this press release. Other than as required under the
securities laws, Cheniere Partners does not assume a duty to update
these forward-looking statements.
CONTACTS:
Investors: Randy Bhatia:
713-375-5479 Christina Burke:
713-375-5104
Media: Faith Parker:
713-375-5663
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SOURCE Cheniere Energy Partners, L.P.