November 21, 2017

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Cheniere Partners Reports Third Quarter 2017 Results, Revises 2017 Guidance and Provides Full Year 2018 Distribution Guidance

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HOUSTON, Nov. 14, 2017 /PRNewswire/ —

Summary of Third Quarter 2017 Results (in millions, except LNG data)

Three Months Ended

Nine Months Ended

September 30,

September 30,

2017

2016

2017

2016

Revenues

$

903

$

331

$

2,786

$

549

Net income (loss)

$

23

$

(82)

$

116

$

(257)

Adjusted EBITDA1

$

298

$

100

$

900

$

164

LNG exported:

Number of cargoes

44

18

135

33

Volumes (TBtu)

160

62

482

114

LNG volumes loaded (TBtu)

162

61

483

114

Revised 2017 Full Year Distribution Guidance

2017

Distribution per Unit

$

1.73

$

1.80

2018 Full Year Distribution Guidance

2018

Distribution per Unit

$

2.00

$

2.20

Recent Achievements

Strategic

As of October 31, 2017, more than 200 cumulative LNG cargoes had been produced, loaded, and exported from the SPL Project (defined below), with deliveries completed to 25 countries worldwide. Sabine Pass Liquefaction, LLC has successfully fulfilled its obligations to the foundation customers of Trains 1-3 and provided LNG to the marketing function of Cheniere Energy, Inc.

Operational

Substantial completion of Train 4 of the SPL Project was achieved in October 2017, more than five months ahead of the guaranteed completion date. LNG production operations at the SPL Project continued uninterrupted during Hurricane Harvey.

Financial

In August 2017, the Date of First Commercial Delivery

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