USA: Cheniere Announces Offerings of Common Units

Cheniere Energy Partners, L.P. announced that, subject to market conditions, it plans to sell 3,000,000 common units representing limited partner interests in an underwritten public offering pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission.

Citigroup will act as underwriter of the public offering. The underwriter has been granted a 30-day option to purchase up to 450,000 additional common units.

Concurrently with the public offering, Cheniere Partners plans to offer to Cheniere Common Units Holding, LLC, a wholly owned subsidiary of Cheniere Energy, Inc., up to 675,000 common units at the same price as such units are offered to the public in the public offering. If the underwriter does not exercise in full its option to purchase additional common units in the public offering, Cheniere Common Units Holding, LLC, will purchase such unsold common units.

Cheniere Partners intends to use the net proceeds of the offerings for general business purposes, including development costs of its expansion project to add liquefaction capacity at the Sabine Pass LNG terminal. The closing of the offerings is expected to occur on September 19, 2011.

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Source: Cheniere, September 14, 2011;