Cheniere Energy, Inc. (NYSE MKT: LNG) (Cheniere), is a Houston-based energy company primarily engaged in LNG-related businesses. We own and operate the Sabine Pass LNG receiving terminal and Creole Trail Pipeline located in Louisiana, through our general partner ownership interest in and management agreements with Cheniere Energy Partners, L.P. (NYSE MKT: CQP) and our partial ownership interest in Cheniere Energy Partners Holdings, LLC (NYSE MKT: CQH).
We are developing up to nine liquefaction trains with aggregate design production capacity of 40.5 mtpa, or approximately 5.5 Bcf/d under two projects. The Sabine Pass liquefaction project is being developed for up to six liquefaction trains with aggregate design capacity of approximately 27 mtpa, through Cheniere Energy Partners, L.P. Construction has begun on LNG Trains 1-4 at Sabine Pass. The Corpus Christi liquefaction project is being developed for up to three liquefaction trains with expected aggregate nominal production capacity of 13.5 mtpa. The Corpus Christi project will also include the construction of up to three LNG storage tanks and two marine berths.
Cheniere is expanding its LNG marketing and trading operations. Cheniere Marketing is offering LNG on an FOB or DES basis to customers interested in purchasing LNG in the short, mid-term markets. Cheniere Marketing has three vessel time charters for delivering LNG cargoes.
Cheniere continues to evaluate the energy markets for additional development and/or marketing opportunities that would leverage the existing platform and strategically fit within the Cheniere organization.
Cheniere Energy, Inc.(NYSE MKT: LNG) owns 100% of the general partner interest in Cheniere Energy Partners, L.P. and indirectly owns 47.2% of the limited partner interest through its ownership in Cheniere Energy Partners Holdings, LLC of 55.9%. The Sabine Pass LNG terminal, the Creole Trail Pipeline and Sabine Pass liquefaction development projects reside under Cheniere Energy Partners, L.P. Through one of its subsidiaries, Cheniere Energy is developing an LNG export terminal near Corpus Christi, Texas. The Corpus Christi LNG terminal is being designed and permitted for up to three liquefaction trains, with expected aggregate nominal production capacity of 13.5 mtpa. Cheniere is also establishing a marketing business in order to purchase and sell LNG in the short, mid-term markets. Cheniere Marketing has entered into sale and purchase agreements (SPAs) with the Sabine Pass liquefaction and Corpus Christi liquefaction facilities under which it can purchase all excess LNG. Cheniere continues to evaluate the energy markets for additional development and/or marketing opportunities.