Killajoules

Temasek and RRJ Agree to Invest Approximately $468 Million in Cheniere and Propose Strategic Partnership for LNG
Cheniere Energy, Inc. ("Cheniere") (NYSE Amex: LNG) announced today that Temasek and RRJ Capital have agreed to make an equity investment in aggregate of approximately $468 million in Cheniere. Cheniere intends to use the proceeds from this offering and cash on hand to purchase, on a pari passu basis, $500 million of the $2 billion of equity securities anticipated to be issued by Cheniere Energy Partners, L.P. ("Cheniere Partners") in connection with the financing of the Sabine Pass LNG liquefaction project ("Sabine Project"). Additionally, Temasek, RRJ Capital and Cheniere are in discussions on a strategic partnership focused on developing LNG sales, marketing and trading relationships and opportunities in Asian markets. The partnership would market LNG volumes from the proposed Sabine Pass and Corpus Christi LNG liquefaction facilities.

Blackstone Enters into an Arrangement for $2B Equity Investment for the Sabine Pass Liquefaction Project
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE Amex: CQP) announced today that it has entered into an exclusive arrangement with Blackstone Energy Partners L.P., Blackstone Capital Partners VI L.P., and certain affiliates (collectively, "Blackstone") to finalize and execute definitive agreements under which Blackstone would purchase newly issued CQP Senior Subordinated Paid-in-Kind Units ("CQP PIK Units") for $2 billion (the "Financing"). CQP would use the proceeds of the Financing to fund the equity portion of the costs of developing, constructing and placing into service its Sabine Pass liquefaction project being developed at the Sabine Pass LNG terminal (the "Liquefaction Project"), the purchase of the Creole Trail pipeline from Cheniere Energy, Inc. and other partnership business purposes.

Cheniere and KOGAS Sign 20-Year LNG Sale and Purchase Agreement
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE Amex: CQP) announced today that its subsidiary, Sabine Pass Liquefaction, LLC ("Sabine Liquefaction"), has entered into a liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with Korea Gas Corporation ("KOGAS") under which KOGAS has agreed to purchase approximately 3.5 million tonnes per annum ("mtpa") of LNG upon the commencement of train three operations.

Cheniere Developing Liquefaction Project in Corpus Christi, Texas
Cheniere Energy, Inc. ("Cheniere") (NYSE Amex: LNG) announced today that its wholly owned subsidiary, Corpus Christi Liquefaction, LLC ("Corpus Christi Liquefaction") is developing a liquefied natural gas ("LNG") export terminal at one of Cheniere's existing sites that was previously permitted for a regasification terminal. The LNG export terminal site is located in San Patricio County, Texas, and it is anticipated that the terminal would be primarily supplied by reserves from the Eagle Ford Shale, located approximately sixty miles northwest of Corpus Christi. The proposed liquefaction project ("Corpus Christi Project") is being designed for up to three trains capable of producing in aggregate up to 13.5 million tonnes per annum ("mtpa").

Cheniere and GAIL India Sign 20-Year LNG Sale and Purchase Agreement
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE Amex: CQP) announced today that its subsidiary, Sabine Pass Liquefaction, LLC ("Sabine Liquefaction"), has entered into a liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with GAIL (India) Limited ("GAIL") under which GAIL has agreed to purchase approximately 3.5 million tonnes per annum ("mtpa") of LNG from train four. Prior to the commencement of train four operations, GAIL will purchase bridge volumes of approximately 0.2 mtpa upon the commencement of operations of train two.

Cheniere and Gas Natural Fenosa Sign 20-Year LNG Sale and Purchase Agreement
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE Amex: CQP) announced today that its subsidiary, Sabine Pass Liquefaction, LLC ("Sabine Liquefaction"), has entered into a liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with Gas Natural Aprovisionamientos, a subsidiary of Gas Natural Fenosa, under which Gas Natural Fenosa has agreed to purchase 3.5 million tonnes per annum ("mtpa") of LNG. Sabine Liquefaction is developing liquefaction capabilities to produce 9.0 mtpa of LNG in the first phase of its project at the Sabine Pass LNG terminal owned by Cheniere Partners. This contract with Gas Natural Fenosa is another milestone for the project as Sabine Liquefaction has now reached its contract capacity target of 7.0 mtpa, which is expected to support the construction of the first two trains.

Cheniere Partners Enters into Lump Sum Turnkey Contract with Bechtel
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE Amex: CQP) announced today that its subsidiary, Sabine Pass Liquefaction, LLC ("Sabine Liquefaction"), and Bechtel Oil, Gas and Chemicals, Inc. ("Bechtel") have entered into a lump sum turnkey contract for the engineering, procurement and construction of the first two liquefaction trains at the Sabine Pass LNG terminal located in Cameron Parish, Louisiana (the "EPC Contract"). Sabine Liquefaction is planning to construct liquefaction facilities capable of producing 9.0 million tonnes per annum ("mtpa") of liquefied natural gas ("LNG") in the first phase of its project and selling 7.0 mtpa of the production under long-term sales and purchase agreements ("SPA").

Cheniere Announces Public Offering of Common Stock
Cheniere Energy, Inc. ("Cheniere") (NYSE Amex: LNG) announced today that it has agreed to sell 8,700,000 shares of its common stock in an underwritten public offering under an effective shelf registration statement. The underwriter will have an option to purchase up to an additional 1,300,000 shares from Cheniere to cover any over-allotments. The offering is expected to close and settle on June 6, 2011. The Company intends to use the net proceeds from the offering for general corporate purposes.

Cheniere Receives Additional DOE Approval, Authorization to Export Natural Gas as LNG to all LNG Importing Nations Concluded
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE Amex: CQP) announced today that on May 20, 2011, its subsidiary, Sabine Pass Liquefaction, LLC ("Sabine Liquefaction"), received an order from the U.S. Department of Energy ("DOE") with authorization to export domestically produced natural gas from the Sabine Pass LNG terminal as liquefied natural gas ("LNG") to any country that has, or in the future develops, the capacity to import LNG and with which trade is permissible. This order expands upon the authorization Sabine Liquefaction received in September 2010, which authorized the exports of natural gas as LNG to all current and future Free Trade Agreement countries, and concludes one of the key regulatory requirements necessary for the Sabine Pass liquefaction expansion project.

Cheniere Signs MOU With Endesa and Enel Trade for Bi-Directional Processing Capacity at the Sabine Pass LNG Terminal
Cheniere Energy Partners, L.P. (NYSE Amex: CQP) ("Cheniere Partners") announced today that its subsidiary, Sabine Pass Liquefaction, LLC ("Sabine"), has entered into a non-binding memorandum of understanding ("MOU") with Endesa, S.A. ("Endesa"), a Spanish corporation, whose principal place of business is at Calle Ribera del Loira 60, 28042 Madrid, Spain and Enel Trade S.p.A. ("Enel Trade"), an Italian corporation, having an office at Viale Regina Margherita 125, 00198 Rome.