Cheniere Partners Declares Quarterly Distributions
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HOUSTON–(BUSINESS WIRE)– Cheniere Energy Partners, LP (“Cheniere Partners”) (NYSE American: CQP) today declared (i) a cash distribution of $0.70 ($2.80 annualized) per Ordinary Unit to Unitholders of record as of February 7, 2022, and (ii) the related distribution to its general partner. These distributions are payable on February 14, 2022.
This press release serves as qualified notice to applicants pursuant to Treasury Regulations section 1.1446-4(b)(4) and (d). Please note that 100% of Cheniere Partners’ distributions to foreign investors are attributable to income actually related to a trade or business in the United States. Accordingly, all distributions by Cheniere Partners to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate. Nominees are treated as agents to withhold distributions they receive on behalf of foreign investors.
About Cheniere Partners
Cheniere Partners develops, constructs and operates natural gas liquefaction facilities at the Sabine Pass LNG Terminal located in Cameron Parish, Louisiana, on the Sabine-Neches Waterway less than four miles from the Gulf Coast. Cheniere Partners currently operates five natural gas liquefaction trains and is commissioning an additional train for a total production capacity of approximately 30 mtpy of LNG at the Sabine Pass terminal. The Sabine Pass LNG terminal has operational regasification facilities which include five LNG storage tanks, two marine berths and vaporizers and an additional marine berth under construction. Cheniere Partners also owns the Creole Trail Pipeline, a 94-mile pipeline that connects the Sabine Pass LNG terminal to a number of major interstate pipelines.
For more information, please visit the Cheniere Partners website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission.
This press release contains certain statements which may include “forward-looking statements”. All statements, other than statements of historical or present facts or conditions, included herein are “forward-looking statements.” “Forward-looking statements” include, among others, (i) statements regarding the financial and operating directions, business strategy, plans and objectives of Cheniere Partners, including the development, construction and operation of liquefaction facilities, (ii) statements regarding expectations for regulatory clearance and approval, (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, (vi) statements regarding future discussions and entering into contracts, and (vii) statements regarding the COVID-19 pandemic and its impact on our business and results of operations. Although Cheniere Partners believes that the expectations reflected in these forward-looking statements are reasonable, they involve assumptions, risks and uncertainties, and such expectations may prove to be incorrect. Cheniere Partners’ actual results could differ materially from those anticipated in these forward-looking statements due to 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. Except as required by securities laws, Cheniere Partners assumes no obligation to update these forward-looking statements.
Randy Bhatia, 713-375-5479
Frances Smith, 713-375-5753
Eben Burnham-Snyder, 713-375-5764
Source: Cheniere Energy Partners, LP