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Energy limited partnership Cheniere prices offering at high end of range

March 21, 2007
CQP

Cheniere Energy Partners, a new limited partnership that will operate an LNG terminal to be built in Louisiana, priced its 13.5 million unit offering at $21. The original terms were 12.5 million units at a range of $19-$21. Citigroup, Merrill Lynch and Credit Suisse were the lead underwriters on the deal. The stock is expected to begin trading on the American Stock Exchange this morning under the symbol CQP.