Cheniere Energy Partners, L.P. announced that the first commissioning cargo with liquefied natural gas ("LNG") produced from the first liquefaction train ("Train 1") of its Sabine Pass liquefaction project in Cameron Parish, Louisiana, will depart imminently. The LNG is loading on the LNG carrier Asia Vision, chartered by Cheniere Marketing, LLC and will be heading to Brazil.
"Today we will finish loading the first commissioning cargo of LNG from our Sabine Pass LNG terminal. This historic event opens a new chapter for the country in energy trade and is a significant milestone for Cheniere as we prepare Train 1 for commercial operations," said Neal Shear, Chairman of the Board and Interim Chief Executive Officer of Cheniere Partners. "This accomplishment would not have been possible without many years of hard work by our employees, our construction partner, Bechtel, other contractors and thousands of workers at the Sabine Pass site. We especially want to thank our federal, state and local agencies, elected officials and community leaders from across Louisiana and the United States for their continued support and contributions during development and construction."
Through our wholly-owned subsidiary, Sabine Pass LNG, L.P., Cheniere Partners owns 100% of the Sabine Pass LNG terminal located on the Sabine-Neches Waterway 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 billion cubic feet equivalent (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. Through its wholly-owned subsidiary Cheniere Creole Trail Pipeline, L.P., Cheniere Partners also owns a 94-mile pipeline that interconnects the Sabine Pass LNG terminal with a number of large interstate pipelines.
Cheniere Partners, through its subsidiary, Sabine Pass Liquefaction, LLC ("SPL"), is developing and constructing natural gas liquefaction facilities at the Sabine Pass LNG terminal adjacent to the existing regasification facilities. Cheniere Partners, through SPL, plans to construct over time up to six liquefaction trains, which are in various stages of construction and development. Each liquefaction train is expected to have a nominal production capacity of approximately 4.5 million tonnes per annum ("mtpa") of LNG. SPL has entered into six third-party LNG sale and purchase agreements ("SPAs") that in the aggregate equate to approximately 19.75 mtpa of LNG and commence with the date of first commercial delivery of Trains 1 through 5 as specified in the respective SPAs.
About Cheniere Partners
Cheniere Energy Partners, L.P. (NYSE MKT: CQP) (Cheniere Partners) is a Delaware limited partnership formed by Cheniere Energy, Inc. Through wholly owned subsidiaries, it owns and operates the Sabine Pass LNG receiving terminal and the Creole Trail Pipeline located in western Cameron Parish, Louisiana on the Sabine Pass Channel. Its primary business objectives are to generate stable cash flows sufficient to pay the initial quarterly distribution to unitholders and, over time to increase quarterly cash distributions.
Cheniere Partners is currently developing a liquefaction project adjacent to the Sabine Pass LNG terminal. The Sabine Pass site can readily accommodate up to six LNG trains capable of producing in aggregate approximately 27.0 mtpa, or roughly equivalent to over 3.5 Bcf/d. Five LNG trains are currently under construction. Cheniere Partners has received all regulatory approvals to construct and operate Train 6.