Headquartered in Houston, TX, Cheniere Energy Partners, L.P. is the owner and operator of regasification units at the Sabine Pass LNG terminal, located in Cameron Parish, LA. It provides clean, secure, and affordable LNG to several entities, comprising utilities as well as integrated energy firms, all around the world. The Sabine Pass LNG terminal is North America’s first large-scale liquefied gas export facility. The publicly-traded Delaware limited partnership was formed in 2006 by Cheniere Energy, Inc.

Global demand for LNG is likely to grow in the long term due to a shift to the cleaner-burning fuel for power generation on a worldwide basis and in the Asia-Pacific region in particular. While increasing demand for gas in the European power sector will be a key factor in the near-term LNG supply rise, the consumption boost is primarily set to come from Asian importers like China, India, South Korea and Pakistan.

The partnership already operates five natural gas liquefaction Trains through its subsidiary, Sabine Pass Liquefication. While the first Train came online in May 2016, the fifth one commenced operation in February 2019. The SPL Project Train 6 was completed at fourth quarter-end. This is expected to increase its production capacity to 30 million tons per annum.

The partnership’s regasification units have a total storage capacity of 17 billion cubic feet equivalent (Bcfe) with five tanks. It has two marine berths with an accommodation capacity of 266,000 cubic meters each. Cheniere Partners has received a regulatory nod to build a third marine berth. Also, the facilities have vaporizers with regasification capacity of around 4 Bcf/d.

Furthermore, it has a 94-mile pipeline that connects the Sabine Pass terminal with several interstate pipelines. To ensure uninterrupted and adequate natural gas feedstock shipment at the terminal, the partnership has secured transportation agreements with Cheniere Creole Trail Pipeline and other companies.