Cheniere Partners Makes Positive Final Investment Decision on Train 6 at the Sabine Pass Liquefaction Project and Increases Run-Rate Production and Distributable Cash Flow per Unit Guidanc...
Cheniere Energy Partners, LP Common Units (CQP)
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Source: Business Wire
Final Investment Decision reached on Sabine Pass Train 6 and Full Notice to Proceed issued to Bechtel Run-rate production guidance increased to 4.8 – 4.9 mtpa per Train Run-rate distributable cash flow per unit guidance increased to $3.70 – $3.90 HOUSTON--(BUSINESS WIRE)-- Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE American: CQP) announced today that the Board of Directors of its general partner has made a positive Final Investment Decision (“FID”) with respect to Train 6 at the Sabine Pass liquefaction project (“SPL Project”) in Cameron Parish, Louisiana, and Cheniere Partners has issued full notice to proceed with construction to Bechtel Oil, Gas and Chemicals, Inc. (“Bechtel”). To fund a portion of the construction of Train 6, a third LNG berth, and required supporting infrastructure at the SPL Project, Cheniere Partners has entered into 5-year, $1.5 billio
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