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CQP Cheniere Energy Partners LP

51.88
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Cheniere Energy Partners LP AMEX:CQP AMEX Trust
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 51.88 0 01:00:00

Cheniere Energy Partners LP Holdings, LLC Declares Quarterly Dividend

06/05/2016 9:10pm

PR Newswire (US)


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HOUSTON, May 6, 2016 /PRNewswire/ -- Cheniere Energy Partners LP Holdings, LLC (NYSE MKT: CQH) ("Cheniere Partners Holdings" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.020 per common share representing limited liability company interest in the Company. The dividend will be payable on May 27, 2016 to shareholders of record as of close of business May 17, 2016.

Cheniere Partners Holdings owns a 55.9% limited partner interest in Cheniere Energy Partners, L.P. (NYSE MKT: CQP) ("Cheniere Partners"), a publicly traded limited partnership. Cheniere Partners Holdings' only business consists of owning Cheniere Partners units and, accordingly, its results of operations and financial condition are dependent on the performance of Cheniere Partners. Cheniere Partners owns and operates liquefied natural gas ("LNG") regasification facilities and, adjacent to these facilities, plans to construct over time up to six natural gas liquefaction trains ("Trains"), which are in various stages of development and construction.  Trains 1 and 2 are undergoing commissioning, Trains 3 through 5 are under construction and Train 6 is fully permitted.  Each liquefaction train is expected to have a nominal production capacity of approximately 4.5 million tonnes per annum ("mtpa") of LNG.  For additional information, please refer to the Cheniere Partners Holdings website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended March 31, 2016, filed with the Securities and Exchange Commission.

Forward-Looking Statements

This press release contains certain statements that may include "forward-looking statements." All statements, other than statements of historical facts, included herein are "forward-looking statements." Included among "forward-looking statements" are, among other things, (i) statements regarding Cheniere Partners' and Cheniere Partners Holdings' business strategy, plans and objectives, including the development, construction and operation of liquefaction facilities, (ii) statements regarding expectations regarding regulatory authorizations and approvals, (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 and (vi) statements regarding future discussions and entry into contracts.  Although Cheniere Partners Holdings believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Cheniere Partners Holdings' actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Cheniere Partners Holdings' 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. Other than as required under the securities laws, Cheniere Partners Holdings does not assume a duty to update these forward-looking statements.

CONTACTS:
Investors: Randy Bhatia: 713-375-5479, Katy Cox: 713-375-5079
Media: Faith Parker: 713-375-5663

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cheniere-energy-partners-lp-holdings-llc-declares-quarterly-dividend-300264503.html

SOURCE Cheniere Energy Partners LP Holdings, LLC

Copyright 2016 PR Newswire

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