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Cheniere Solicits Interest for Remaining Sabine Pass LNG Capacity

Cheniere Energy has announced that it is soliciting offers for the remaining 500 MMcf/d of regasification capacity at its Sabine Pass LNG terminal in Louisiana. Potential capacity holders have until May 15 to express their interest. Chevron and France’s
April 2, 2006

Cheniere Energy has announced that it is soliciting offers for the remaining 500 MMcf/d of regasification capacity at its Sabine Pass LNG terminal in Louisiana. Potential capacity holders have until May 15 to express their interest. Chevron and France’s Total each have reserved 1 Bcf/d at the facility, which is currently under construction and expected to come online in 2008. In addition, Cheniere has proposed to expand the facility to 4.0 Bcf/day, and is in the regulatory review process at FERC for that expansion. Cheniere also announced that its affiliate, Cheniere LNG Marketing, has signed a long-term terminal use agreement for 1 Bcf/day at its FERC-approved Corpus Christi LNG terminal.

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