Cheniere Including Sabine Pass Liquefaction Project (SPL) Cheniere Energy, Inc. 100% Interest 100% Interest 100% Interest 100% Interest 86.8% Interest (1) Cheniere Energy Cheniere Creole Corpus Christi Other Projects Partners…
Financial Forecast Summary including Sabine Pass Liquefaction Project Expected Construction Costs Trains 1 & 2: 4.5B to 5.0B SPL(1) Trains 3 & 4: 4.5B to 5.0B Current Debt CQP: 2.2B LNG: 0.5B(2) Total: 2.7B(3) Estimated…
Cheniere Ranks Among Large Cap Midstream/Pipeline C-Corps by EBITDA with Sabine Liquefaction Contracts Chenieres EBITDA expected to be bolstered from Sabine Liquefaction contracts ( in millions) 2011E EBITDA 5 000 5,000 4 811…
Sabine Pass LNG Sabine Pass with Liquefaction Expansion 6
Proposed SPL Project: Brownfield Development Utilizing Existing Assets Current Facility 1,000 acres in Cameron Parish, LA 40 ft ship channel 3.7 miles from coast 2 berths; 4 dedicated tugs Existing operational 5 LNG storage…
Progress on SPL Project Phase 1 and Phase 2 Phase 1: Advancing towards final investment decision Phase 2: Commercial contracts complete Target Date Milestone Trains 1 & 2 Trains 3 & 4 DOE export authorization Definitive…
Contracted Capacity at SPLNG Third Party Terminal Use Agreements (TUAs) Long-term, 20 year take-or-pay style commercial contracts Total Gas & Power N.A. Chevron USA Capacity 1.0 Bcf/d 1.0 Bcf/d Fees (1) (2) Reservation Fee…
Contracted Capacity at SPL Sale and Purchase Agreements (SPAs) Long-term, take-or-pay style commercial contracts equating to 16 mtpa BG Gulf Coast LNG (1) Gas Natural Fenosa (1) Korea Gas Corporation GAIL (India) Limited (1)…
Sabine Pass LNG Exports Will Provide Global LNG Buyers With an Attractive, Long-term, Alternative Source of Supply Worldwide LNG prices predominantly based on oil prices = 11 - 23 / MMBtu LNG Contract Price IIndexation d ti % 11%…
U.S. Natural Gas Markets US Gas Consumptions vs. Production US Proved Non-Producing Reserves Tcf Tcf 26 24.5 24.9 24.1 120 23 1 23.1 23 3 23.3 22 8 22.8 24 22.0 21.7 23.6 100 23.0 22 98 21.6 80 20 20.2 20.6 85 19.3 78…
Global Petroleum Demand Stationary Sources FSU Europe 0.9 MM b/d US & Canada 2.9 MM b/d 5 Bcf/d 2.2 MM b/d 17 Bcf/d 13 Bcf/d Mid East 2.8 MM b/d 17 Bcf/d Asia 6.9 MM b/d 41 Bcf/d Latin America Africa 2.3 MM b/d 1.2 MM…
Financing Options Trains 1 & 2 Debt: p project j finance market - 3B at Libor + 300bps (swapped) - 1.2B of EBITDA for coverage Equity: q y 2B Equity q y Commitment with Blackstone (1) - 111 subordinated units at 18 - 4.2%…
Appendix
Organizational Structure NYSE Amex US: LNG 205 mm 2.25% Convertible Senior Unsecured Notes due 2012 100% O Ownership hi IInterest t t Creole Trail Pipeline Cheniere LNG, Inc. Other Pipeline Projects 100% Ownership…
Condensed Balance Sheets As of December 31, 2011 ( in MM) Cheniere Energy Other Cheniere Consolidated P t Partners, L.P. LP E Energy, Inc. I (1) Cheniere Ch i Energy, E Inc. I (2) Unrestricted cash and equivalents -- 459…
Global LNG Market LNG Importers Price Indexation 2010 Total Global LNG Liquefaction Capacity 37 Bcf/d Oil Products 2010 Regional LNG Demand 30 Bcf/d Natural Gas Algeria - 2.7 JCC Norway - 0.6 Egypt - 1.6 USA - 0.2 Qatar - 9.3…
Firm Liquefaction Capacity Additions Nameplate Liquefaction Capacity 37 Bcf/d as of YE 2010 Bcf/d 44 Bcf/d by YE 2015 30 3.0 Middle East Gulf 2.5 Asia Pacific Atlantic Basin Gorgon T1 & Gassi Touil Papua New Guinea 2.0…
North America Onshore Receiving Terminals Douglas Island Terminal Baseload Prince Rupert Island Capacity Holder Sendout (MMcf/d) Kitimat Canaport Canaport 1 1,000 000 Texada Island Repsol Everett - Suez 700 Everett Cove…
CHENIERE ENERGY Cheniere Energy Contacts Katie Pipkin, Vice President Finance & Investor Relations (713) 375-5110 katie.pipkincheniere.com Ch i ti Burke, Christina B k Manager M Investor I t Relations R l ti (713) 375-5104…
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