Cheniere Closes $5.9B Financing For Sabine Pass LNG Project

Law360, New York (May 29, 2013, 3:33 PM EDT) -- A subsidiary of Cheniere Energy Inc. closed a $5.9 billion financing package Tuesday to fund the second stage of its massive natural gas liquefaction and transportation project in Louisiana with a consortium of banks and Korean financial institutions, the oil and gas firm said Wednesday.

Houston-based Cheniere Energy Partners LP, the operating company for the Sabine Pass LNG terminal project, secured a primary $4.4 billion loan from a syndicate of 27 banks to fund construction of two new gas processing facilities at the Sabine Pass site. The energy firm also closed a $750 million term loan secured by Korea Trade Insurance...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS