HOUSTON, April 3, 2017 /PRNewswire/ -- Cheniere
Energy Partners, L.P. (NYSE MKT: CQP), a subsidiary of Cheniere
Energy, Inc. (NYSE MKT: LNG), today announced that the
100th cargo of liquefied natural gas (LNG) has left the
company's Sabine Pass liquefaction
facility, marking a significant milestone in Cheniere's ramp-up of
LNG operations.
Including the 100th cargo, which departed on Saturday
from the Sabine Pass liquefaction
facility, since the first shipment on February 24, 2016, Cheniere has delivered cargoes
to 18 countries on five continents.
"This milestone for Cheniere is a testament to the global demand
for American LNG, the hard work and dedication of Cheniere's
workforce, and our unique business model that enables customers
large and small to access this fuel," said Jack Fusco, Cheniere's President and CEO. "Our
entire workforce shares in this milestone and in Cheniere's future
success."
In February 2016, Cheniere became
the first company to ship LNG from the contiguous United States in over 50 years, and is
currently the only exporter of U.S. LNG. In addition to three
fully-operational LNG trains at Sabine
Pass, train four has entered the commissioning process and
is expected to reach substantial completion in the second half of
2017. Train five is currently under construction, and is expected
to become operational in 2019, and train six is fully permitted and
being commercialized. In addition, Cheniere Energy currently has
two trains under construction at its liquefaction project near
Corpus Christi, Texas with
operations at both trains expected to begin in 2019.
Across the liquefaction projects at Sabine Pass and Corpus Christi, Cheniere and its subsidiaries
are expected to invest approximately $30
billion in U.S. energy infrastructure, create tens of
thousands of jobs, promote domestic energy production, and reduce
our trade deficit.
Cheniere's unique business model provides a full-service LNG
offering to customers worldwide, which includes acquiring,
transporting, and processing pipeline gas, and providing LNG to
customers either at the tailgate of the LNG terminal, or on a
delivered basis to markets around the world.
Forward-Looking Statements:
This press release contains certain statements that may include
"forward-looking statements." All statements, other than statements
of historical or present facts or conditions, 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.; Cheniere Energy, Inc.