HOUSTON, July 24, 2015 /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 August 3, 2015, and (ii) the related distribution
to its general partner. All of these distributions are payable on
August 14, 2015.
Cheniere Partners owns 100 percent of the Sabine Pass LNG
terminal located on the Sabine
Pass deepwater shipping channel less than four miles from
the Gulf Coast. The Sabine Pass LNG terminal includes existing
infrastructure of five LNG storage tanks with capacity of
approximately 16.9 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 Bcf/d.
Cheniere Partners is developing natural gas liquefaction
facilities at the Sabine Pass LNG terminal adjacent to the existing
regasification facilities. Cheniere Partners plans to construct
over time up to six natural gas Trains, which are in various stages
of development. Each Train is expected to have a nominal production
capacity of approximately 4.5 mtpa of LNG. Five Trains are under
construction. First LNG from Train 1 is expected as early as late
2015. For additional information, please refer to the
Cheniere Partners website at www.cheniere.com and Quarterly
Report on Form 10-Q for the quarter ended March 31, 2015,
filed with the Securities and Exchange Commission.
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 development,
construction and operation of liquefaction facilities, (ii)
statements regarding 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.
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SOURCE Cheniere Energy Partners, L.P.