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Business news - 16 September 2011

 

Cheniere makes share offering to raise cash for Sabine Pass terminal

Cheniere Energy Partners, L.P. is selling off 3,000,000 common units to investors at a share price of US$ 15.25. The company is hoping to raise US$ 60 million to put towards general business purposes and development costs of its expansion project to add liquifaction capacity at the Sabine Pass LNG terminal.