We are a Delaware limited partnership formed by Cheniere Energy, Inc. Through our wholly owned subsidiary, Sabine Pass LNG, we own and operate the Sabine Pass LNG receiving terminal in western Cameron Parish, Louisiana on the Sabine Pass Channel.
Our primary business objectives are to generate stable cash flows sufficient to pay the initial quarterly distribution to our unitholders and, over time to increase our quarterly cash distribution. We are currently developing our proposed liquefaction project at our Sabine Pass terminal which would transform the terminal into a bi-directional LNG processing facility capable of importing foreign sourced LNG and exporting U.S. natural gas as LNG.
The company’s common units are listed on the American Stock Exchange under the symbol: CQP.