Cheniere Energy Partners, L.P 8-K, filed Sep 1, 2020
Cheniere Energy Partners, L.P. (CQP)
8-K
2020-09-01
For: 2020-08-31
View Original
Added on
April 04, 2026
About this 8-K
Cheniere Energy Partners, L.P filed this 8-K on September 1, 2020, reporting on events of August 31, 2020.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 31, 2020
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
(Address of principal executive offices) (Zip Code)
(713 ) 375-5000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01. Regulation FD Disclosure
On August 31, 2020 , Cheniere Energy, Inc. (“Cheniere”) issued a press release providing an operational update on the Sabine Pass liquefaction facility. The press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein in its entirety.
The information included in this Item 7.01 of Current Report on Form 8-K, including the attached Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 8.01. Other Events.
On August 26, 2020, Sabine Pass Liquefaction, LLC, an indirect wholly owned subsidiary of Cheniere Energy Partners, L.P., entered into an arrangement with subsidiaries of Cheniere to provide the ability in limited circumstances to potentially fulfill commitments to LNG buyers in the event operational conditions impact the ability to produce or make available LNG cargoes scheduled to be delivered to customers at either the Sabine Pass or Corpus Christi liquefaction facility (the “Affected Facility”) and the other liquefaction facility has cargoes available. The purchase price paid on behalf of the Affected Facility for LNG in these events would be (i) 115% of the applicable feedgas purchase price or (ii) a free-on-board U.S. Gulf Coast LNG market price, whichever is greater.
Item 9.01. Financial Statements and Exhibits.
Exhibits
| Exhibit No. | Description | |||||||
| 99.1* | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
*Filed herewith
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CHENIERE ENERGY PARTNERS, L.P. | ||||||||||||||
| By: | CHENIERE ENERGY PARTNERS GP, LLC, | |||||||||||||
| Its general partner | ||||||||||||||
Date: | By: | /s/ Zach Davis | ||||||||||||
| Name: | Zach Davis | |||||||||||||
| Title: | Senior Vice President and Chief | |||||||||||||
| Financial Officer | ||||||||||||||
Exhibit 99.1
Cheniere Energy, Inc. Provides Operational Update on Sabine Pass Following Hurricane Laura; Announces $1 Million Donation towards Local Community Relief Efforts
Assessment of Sabine Pass facility shows no significant damage to facility; Executing plan to safely restart LNG production
Houston, Texas – August 31, 2020 – Cheniere Energy, Inc. (“Cheniere” or the “company”) (NYSE American: LNG) and Cheniere Energy Partners, L.P. (NYSE American: CQP) announced today that a comprehensive facility and operational assessment of the Sabine Pass Liquefaction facility and pipeline assets revealed no significant damage as a result of Hurricane Laura, with the facility performing as designed through the storm. Cheniere has started to execute on its plan to restart LNG production at Sabine Pass. The company also announced a pledge of $1 million to local organizations supporting hurricane relief efforts.
“Most importantly, all of our employees are safe and accounted for. After the storm, we carefully assessed our facility and discovered no significant damage, and we have begun executing startup plans to safely resume operations,” said Jack Fusco, President and CEO of Cheniere. “We know that while our facility emerged from this storm, many of our coworkers, friends and neighbors need assistance. Our pledge of $1 million, in addition to our volunteer time and other efforts, will help the region quickly recover from the impacts of Hurricane Laura.”
“I want to thank Cheniere for stepping up during our state’s time of need with this commitment,” said Louisiana Governor John Bel Edwards. “It is important for all of us to join together in recovery efforts for our communities in southwest Louisiana.”
Bechtel, Cheniere’s EPC contractor, is returning today to Sabine Pass to resume work constructing Train 6 and on the Third Berth Project.
Cheniere conducted initial assessments of impact from Hurricane Laura at the Sabine Pass facility by air, boat, and by technical and third-party experts. Prior to the storm, Cheniere activated its emergency office location in Dallas to support essential functions.
Activities undertaken by Cheniere as part of, or in addition to, the $1 million donation include:
•Delivery of fuel, water, and other support to local first responders and governments.
•Coordinating employee volunteers to support recovery and cleanup efforts.
•Coordinating an employee supply drive.
•Providing corporate matching gifts for employee donations to local organizations supporting relief and recovery efforts.
•Acceleration of taxes, fees, and other payments to state and local government.
Cheniere is committed to its role as a responsible corporate leader and delivers on this promise by engaging in philanthropic activities that support the company’s values. Further information about Cheniere’s corporate giving and volunteerism can be found at www.cheniere.com
About Cheniere
Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas (LNG) in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with expected adjusted aggregate nominal production capacity of up to 45 million tonnes per annum of LNG operating or under construction. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, and Washington, D.C.
For additional information, please refer to the Cheniere website at cheniere.com and Quarterly Report on Form 10-Q for the quarter ended June 30, 2020, filed with the Securities and Exchange Commission.
CONTACTS:
Cheniere Energy, Inc.
Investors | |||||
| Randy Bhatia | 713-375-5479 | ||||
| Megan Light | 713-375-5492 | ||||
| or | |||||
Media Relations | |||||
| Eben Burnham-Snyder | 713-375-5764 | ||||
| Jenna Palfrey | 713-375-5491 | ||||