Cheniere Energy Partners L p
Business Description
Cheniere Energy Partners L.P. is a limited partnership formed to develop, construct, and operate liquefaction facilities at the Sabine Pass LNG terminal in Cameron Parish, Louisiana. Sabine Pass is one of the largest LNG terminals in the U.S. and is strategically located near major pipeline infrastructure and deep-water access for transporting LNG to global markets.
The company*s primary business is the liquefaction, storage, and export of natural gas. Cheniere Energy Partners L.P. owns and operates liquefaction trains and associated infrastructure at Sabine Pass. The liquefaction process takes natural gas and cools it to approximately -260°F, at which point it becomes a liquid and can be stored and transported more easily. The liquefied natural gas (LNG) is then loaded onto specialized ships and transported to customers around the world.
Cheniere Energy Partners L.P. has six operational liquefaction trains at Sabine Pass with a total nameplate capacity of approximately 30 million tonnes per annum (mtpa). The company has also begun construction on its seventh liquefaction train, which is expected to have a capacity of approximately5 mtpa and is targeted to be in service in 2023.
In addition to its liquefaction business, Cheniere Energy Partners L.P. owns and operates the Sabine Pass LNG receiving terminal, which has regasification infrastructure that allows the company to receive and process imported LNG. The terminal also has several storage tanks and truck loading facilities for natural gas liquids (NGLs).
Cheniere Energy Partners L.P. is a subsidiary of Cheniere Energy, Inc., a U.S. based energy company focused on liquefied natural gas (LNG) infrastructure development and marketing. Cheniere Energy, Inc. is listed on the NYSE under the ticker symbol LNG and has operations in the U.S., Canada, and internationally.
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