General | Quarterly / Earnings Reports
Cheniere Tags $98.1MM Loss; Makes Progress on Sabine LNG Project
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Cheniere Energy Partners, L.P. reported a net loss of $98.1 million and $196.9 million for the three and nine months ended September 30, 2013, respectively, compared to a net loss of $51.4 million and $106.8 million for the same periods in 2012, respectively.
Significant items for the three months and nine months ended September 30, 2013 were $23.8 million and $34.2 million, respectively, compared to $4.0 million and $38.0 million, respectively, for the comparable 2012 periods. Significant items for the quarter related to development expenses and derivative gains/losses, and for the nine months ended September 30, 2013, significant items also included loss on early extinguishment of debt. Development expenses were primarily for the liquefaction facilities we are developing through…
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