High yield

hi yield LNG play

7.1

Natural Gas Play - above avg
distribution ...being paid to wait

The CEO of the company has recently purchased 200,000 shares or $4,200,000 worth of stock.

On march 21, 2007 Cheniere Energy Partners priced 13.5 million shares at $21 a share in a bid to raise $284 million. The IPO opened at $22. Cheniere plans to develop, own and operate the Sabine Pass liquid natural gas receiving terminal currently under construction in western Louisiana on the Sabine Pass Channel. When it begins commercial operation in the third quarter of 2008, it'll be the largest LNG receiving terminal in North America.

The CEO of the company has recently purchased 200,000 shares or $4,200,000 worth of stock.

Chenierre Energy Partners is a recent IPO that will deploy IPO proceeds in long-dated treasuries until the completion of the Sabine Pass LNG Terminal that began construction in 2005. Construction of the Sabine Pass LNG receiving terminal began in March 2005. Upon completion of construction, the Sabine Pass LNG receiving terminal will be the largest LNG receiving terminal in North America. All of this capacity has been contracted for under three 20-year, firm commitment terminal use agreements on a “take-or-pay” basis with Total and Chevron.In the meantime the Partnership will pay a $1.70 annual dividend paid quarterly.