2012 Q1 Form 10-K Financial Statement

#000138365012000012 Filed on February 24, 2012

View on sec.gov

Income Statement

Concept 2012 Q1 2011 2010 Q4
Revenue $69.35M $283.9M $72.10M
YoY Change -6.85% -28.9% -44.54%
Cost Of Revenue $9.700M $33.70M $9.900M
YoY Change 16.87% -14.03% 2.06%
Gross Profit $59.60M $250.0M $62.20M
YoY Change -9.97% -30.57% -48.3%
Gross Profit Margin 85.94% 88.06% 86.27%
Selling, General & Admin $8.300M $26.00M $6.100M
YoY Change 22.06% -1.89% -4.69%
% of Gross Profit 13.93% 10.4% 9.81%
Research & Development $16.67M $32.45M $4.800M
YoY Change 151.91% 271.34%
% of Gross Profit 27.97% 12.98% 7.72%
Depreciation & Amortization $10.63M $57.88M $10.60M
YoY Change -1.01% 36.84% 6.0%
% of Gross Profit 17.83% 23.15% 17.04%
Operating Expenses $44.43M $161.8M $21.50M
YoY Change 33.34% 36.56% 31.1%
Operating Profit $19.16M $122.1M $40.70M
YoY Change -53.41% -56.52% -60.83%
Interest Expense $43.46M $173.6M -$43.40M
YoY Change 0.14% -0.24% 3.33%
% of Operating Profit 226.8% 142.19% -106.63%
Other Income/Expense, Net -$44.22M -$175.6M $100.0K
YoY Change 2.05% 1.39%
Pretax Income -$25.10M -$31.00M -$2.700M
YoY Change 1040.91% -128.81% -104.36%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$25.06M -$53.56M -$2.700M
YoY Change 1034.54% -149.79% -104.36%
Net Earnings / Revenue -36.14% -18.87% -3.74%
Basic Earnings Per Share $0.23 $1.23
Diluted Earnings Per Share -$150.8K -$189.8K -$16.69K
COMMON SHARES
Basic Shares Outstanding 31.00M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2012 Q1 2011 2010 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $59.00M $81.00M $53.00M
YoY Change 25.53% 52.83% -55.08%
Cash & Equivalents $59.44M $81.00M $53.35M
Short-Term Investments
Other Short-Term Assets $65.00M $22.00M $19.00M
YoY Change 3.17% 22.22% 0.0%
Inventory $536.0K $5.000M $1.212M
Prepaid Expenses
Receivables $21.00K $2.000M $1.378M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $135.8M $110.0M $78.65M
YoY Change 15.1% 39.24% -48.59%
LONG-TERM ASSETS
Property, Plant & Equipment $1.505B $1.514B $1.550B
YoY Change -2.41% -2.32% -2.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $22.79M $113.0M $9.976M
YoY Change -80.36% -0.88% -91.55%
Total Long-Term Assets $1.627B $1.627B $1.665B
YoY Change -1.9% -2.22% -2.41%
TOTAL ASSETS
Total Short-Term Assets $135.8M $110.0M $78.65M
Total Long-Term Assets $1.627B $1.627B $1.665B
Total Assets $1.762B $1.737B $1.743B
YoY Change -0.77% -0.34% -6.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $843.0K $1.000M $1.072M
YoY Change -71.9% 0.0%
Accrued Expenses $68.92M $21.00M $17.85M
YoY Change 7.69% -12.5% -28.61%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $104.1M $52.00M $52.13M
YoY Change 10.76% 0.0% -55.06%
LONG-TERM LIABILITIES
Long-Term Debt $2.194B $2.192B $2.188B
YoY Change 0.21% 0.18% 0.22%
Other Long-Term Liabilities $313.0K $38.00M $329.0K
YoY Change -99.24% -5.0% -99.2%
Total Long-Term Liabilities $2.194B $2.230B $2.188B
YoY Change -1.62% 0.09% -1.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $104.1M $52.00M $52.13M
Total Long-Term Liabilities $2.194B $2.230B $2.188B
Total Liabilities $2.298B $2.282B $2.240B
YoY Change -1.12% 0.09% -4.27%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$575.0M -$545.0M -$536.0M
YoY Change
Total Liabilities & Shareholders Equity $1.762B $1.737B $1.743B
YoY Change -0.77% -0.34% -6.21%

Cashflow Statement

Concept 2012 Q1 2011 2010 Q4
OPERATING ACTIVITIES
Net Income -$25.06M -$53.56M -$2.700M
YoY Change 1034.54% -149.79% -104.36%
Depreciation, Depletion And Amortization $10.63M $57.88M $10.60M
YoY Change -1.01% 36.84% 6.0%
Cash From Operating Activities -$9.887M $6.840M $9.100M
YoY Change -295.9% -93.43% -86.19%
INVESTING ACTIVITIES
Capital Expenditures $414.0K $7.394M -$5.000M
YoY Change -72.78% 49.22% -1350.0%
Acquisitions
YoY Change
Other Investing Activities $1.128M $1.054M $3.600M
YoY Change 1259.04% 771.07% -1900.0%
Cash From Investing Activities -$1.542M -$8.448M -$1.400M
YoY Change -3.87% 66.43% -1500.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$10.54M $29.67M -11.50M
YoY Change 6.48% -118.18% -83.59%
NET CHANGE
Cash From Operating Activities -$9.887M $6.840M 9.100M
Cash From Investing Activities -$1.542M -$8.448M -1.400M
Cash From Financing Activities -$10.54M $29.67M -11.50M
Net Change In Cash -$21.97M $28.07M -3.800M
YoY Change 240.27% -143.72% -7.32%
FREE CASH FLOW
Cash From Operating Activities -$9.887M $6.840M $9.100M
Capital Expenditures $414.0K $7.394M -$5.000M
Free Cash Flow -$10.30M -$554.0K $14.10M
YoY Change -392.14% -100.56% -78.47%

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NATURE OF OPERATIONS</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cheniere Energy Partners, L.P. ("Cheniere Partners") is a publicly-held limited partnership. As of December&#160;31, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2011</font><font style="font-family:inherit;font-size:10pt;">, Cheniere Energy, Inc. ("Cheniere") owned </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">88.8%</font><font style="font-family:inherit;font-size:10pt;"> of the limited partnership through its wholly owned subsidiaries, Cheniere LNG Holdings, LLC ("Holdings"), Cheniere Common Units Holding, LLC ("Cheniere Common Units Holding"), Cheniere Subsidiary Holdings, LLC ("Subsidiary Holdings") and Cheniere Energy Partners GP, LLC ("Cheniere GP"). Cheniere Partners is a Delaware limited partnership formed on November&#160;21, 2006 to own and operate the Sabine Pass liquefied natural gas ("LNG") terminal located in western Cameron Parish, Louisiana on the Sabine Pass Channel (the "Sabine Pass LNG terminal"). The Sabine Pass LNG terminal has regasification capacity of approximately 4.0 billion cubic feet per day ("Bcf/d") and five LNG storage tanks with an aggregate LNG storage capacity of approximately 16.9 Bcf. In addition, we are developing LNG liquefaction capabilities at the Sabine pass LNG terminal. Cheniere Partners and Holdings, as a selling unitholder, completed an initial public offering (the "Cheniere Partners Offering") of Cheniere Partners&#8217; common units on March&#160;26, 2007.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following entities are included in the accompanying Consolidated Financial Statements:&#160;</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cheniere Partners;&#160;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cheniere Energy Investments, LLC ("Cheniere Investments") is a Delaware limited liability company owned by Cheniere Partners and was formed on November&#160;21, 2006 to hold 100% of the ownership interests in Sabine Pass GP and Sabine Pass LP;&#160;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sabine Pass LNG-GP, LLC ("Sabine Pass GP") is a Delaware limited liability company that was initially owned by Holdings and was formed in 2004 to be the general partner of Sabine Pass LNG, L.P.;&#160;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sabine Pass LNG-LP, LLC ("Sabine Pass LP") is a Delaware limited liability company that was initially owned by Holdings and was formed in 2004 to be the limited partner of Sabine Pass LNG; and&#160;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sabine Pass LNG, L.P. ("Sabine Pass LNG") is a Delaware limited partnership formed with one general partner, Sabine Pass GP, and one limited partner, Sabine Pass LP, which owns the entire interest in the Sabine Pass LNG terminal. The purpose of this limited partnership is to own and operate the Sabine Pass LNG terminal.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At the closing of the Cheniere Partners Offering on March&#160;26, 2007, the equity interests in Sabine Pass GP and Sabine Pass LP were contributed to Cheniere Investments, thereby resulting in Sabine Pass GP, Sabine Pass LP and Sabine Pass LNG becoming indirect, wholly owned subsidiaries of Cheniere Partners. From and after the closing of the Cheniere Partners Offering, Cheniere Investments and these subsidiaries are consolidated with Cheniere Partners in the accompanying consolidated financial statements. As used in these Notes to Consolidated Financial Statements, the terms "Cheniere Partners", "we", "us" and "our" refer to Cheniere Partners and its consolidated subsidiaries effective with the closing of the Cheniere Partners Offering and the foregoing entities on a combined basis (the "Combined Predecessor Entities") prior to the closing of the Cheniere Partners Offering, unless otherwise stated or indicated by context.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We are not subject to either federal or state income tax, as the partners are taxed individually on their proportionate share of our earnings.</font></div></div>
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CY2009 us-gaap Other Nonoperating Income Expense
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CY2011 us-gaap Other Nonoperating Income Expense
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CY2011 us-gaap Other Operating Activities Cash Flow Statement
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CY2011 us-gaap Partners Capital Account Distributions
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CY2010 us-gaap Partners Capital Account Distributions
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CY2011 us-gaap Payments Of Capital Distribution
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CY2009 us-gaap Payments Of Debt Issuance Costs
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CY2010 us-gaap Payments Of Debt Issuance Costs
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CY2011 us-gaap Payments To Acquire Property Plant And Equipment
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CY2009 us-gaap Payments To Acquire Property Plant And Equipment
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CY2010 us-gaap Payments To Acquire Property Plant And Equipment
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CY2010Q4 us-gaap Prepaid Expense And Other Assets Current
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CY2011Q4 us-gaap Prepaid Expense And Other Assets Current
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CY2011 us-gaap Proceeds From Issuance Of Common Limited Partners Units
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70157000 USD
CY2010 us-gaap Proceeds From Issuance Of Common Limited Partners Units
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0 USD
CY2009 us-gaap Proceeds From Payments For Other Financing Activities
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CY2010 us-gaap Proceeds From Payments For Other Financing Activities
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CY2011 us-gaap Proceeds From Payments For Other Financing Activities
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CY2009 us-gaap Proceeds From Related Party Debt
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114000 USD
CY2011 us-gaap Proceeds From Related Party Debt
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CY2010 us-gaap Proceeds From Related Party Debt
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0 USD
CY2011 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
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CY2010 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
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0 USD
CY2009 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
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CY2010Q4 us-gaap Property Plant And Equipment Net
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1550465000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
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1514416000 USD
CY2009 us-gaap Repayments Of Related Party Debt
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2467000 USD
CY2011 us-gaap Repayments Of Related Party Debt
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0 USD
CY2010 us-gaap Repayments Of Related Party Debt
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0 USD
CY2009 us-gaap Research And Development Expense
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0 USD
CY2010 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8738000 USD
CY2011 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
32448000 USD
CY2010Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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13732000 USD
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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13732000 USD
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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82394000 USD
CY2010Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
82394000 USD
CY2010 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
130954000 USD
CY2011 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
14607000 USD
CY2009 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
252928000 USD
CY2010 us-gaap Revenues
Revenues
399282000 USD
CY2009 us-gaap Revenues
Revenues
416790000 USD
CY2011 us-gaap Revenues
Revenues
283790000 USD
CY2011Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
17622000 USD
CY2010Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
22004000 USD
CY2011 us-gaap Unrealized Gain Loss On Derivatives
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195000 USD
CY2009 us-gaap Unrealized Gain Loss On Derivatives
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-1106000 USD
CY2010 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-124000 USD
CY2010Q4 cqp Advances To Affiliate Current
AdvancesToAffiliateCurrent
3543000 USD
CY2011Q4 cqp Advances To Affiliate Current
AdvancesToAffiliateCurrent
692000 USD
CY2010Q4 cqp Common Unitholders Equity
CommonUnitholdersEquity
-69191000 USD
CY2011Q4 cqp Common Unitholders Equity
CommonUnitholdersEquity
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CY2011Q4 cqp Deferred Revenue Related Party Current
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688000 USD
CY2010Q4 cqp Deferred Revenue Related Party Current
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673000 USD
CY2010Q4 cqp Deferred Revenue Related Party Noncurrent
DeferredRevenueRelatedPartyNoncurrent
9813000 USD
CY2011Q4 cqp Deferred Revenue Related Party Noncurrent
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12266000 USD
CY2011 cqp General And Administrative Expense Related Parties
GeneralAndAdministrativeExpenseRelatedParties
20469000 USD
CY2010 cqp General And Administrative Expense Related Parties
GeneralAndAdministrativeExpenseRelatedParties
20275000 USD
CY2009 cqp General And Administrative Expense Related Parties
GeneralAndAdministrativeExpenseRelatedParties
19890000 USD
CY2010Q4 cqp General Partner Ownership Interest Percentage
GeneralPartnerOwnershipInterestPercentage
0.02
CY2011Q4 cqp General Partner Ownership Interest Percentage
GeneralPartnerOwnershipInterestPercentage
0.02
CY2010 cqp Increase Decrease In Deferred Revenue Related Parties
IncreaseDecreaseInDeferredRevenueRelatedParties
62833000 USD
CY2009 cqp Increase Decrease In Deferred Revenue Related Parties
IncreaseDecreaseInDeferredRevenueRelatedParties
-765000 USD
CY2011 cqp Increase Decrease In Deferred Revenue Related Parties
IncreaseDecreaseInDeferredRevenueRelatedParties
-15000 USD
CY2009 cqp Increase Decrease In Lng Inventoryaffiliate
IncreaseDecreaseInLngInventoryaffiliate
0 USD
CY2011 cqp Increase Decrease In Lng Inventoryaffiliate
IncreaseDecreaseInLngInventoryaffiliate
-14969000 USD
CY2010 cqp Increase Decrease In Lng Inventoryaffiliate
IncreaseDecreaseInLngInventoryaffiliate
0 USD
CY2011Q4 cqp Limited Partners Capital Account Common Units Issued
LimitedPartnersCapitalAccountCommonUnitsIssued
31003154 shares
CY2010Q4 cqp Limited Partners Capital Account Common Units Issued
LimitedPartnersCapitalAccountCommonUnitsIssued
26416357 shares
CY2011Q4 cqp Limited Partners Capital Account Common Units Outstanding
LimitedPartnersCapitalAccountCommonUnitsOutstanding
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CY2010Q4 cqp Limited Partners Capital Account Common Units Outstanding
LimitedPartnersCapitalAccountCommonUnitsOutstanding
26416357 shares
CY2010Q4 cqp Limited Partners Capital Account Subordinated Units Issued
LimitedPartnersCapitalAccountSubordinatedUnitsIssued
135383831 shares
CY2011Q4 cqp Limited Partners Capital Account Subordinated Units Issued
LimitedPartnersCapitalAccountSubordinatedUnitsIssued
135383831 shares
CY2011Q4 cqp Limited Partners Capital Account Subordinated Units Outstanding
LimitedPartnersCapitalAccountSubordinatedUnitsOutstanding
135383831 shares
CY2010Q4 cqp Limited Partners Capital Account Subordinated Units Outstanding
LimitedPartnersCapitalAccountSubordinatedUnitsOutstanding
135383831 shares
CY2011Q4 cqp Lng Inventory Related Party
LngInventoryRelatedParty
4369000 USD
CY2010Q4 cqp Lng Inventory Related Party
LngInventoryRelatedParty
0 USD
CY2009 cqp Non Cash Lng Inventory Affiliate Write Downs
NonCashLngInventoryAffiliateWriteDowns
0 USD
CY2010 cqp Non Cash Lng Inventory Affiliate Write Downs
NonCashLngInventoryAffiliateWriteDowns
0 USD
CY2011 cqp Non Cash Lng Inventory Affiliate Write Downs
NonCashLngInventoryAffiliateWriteDowns
10600000 USD
CY2009 cqp Operating Costs And Expenses Related Parties
OperatingCostsAndExpensesRelatedParties
11833000 USD
CY2011 cqp Operating Costs And Expenses Related Parties
OperatingCostsAndExpensesRelatedParties
11918000 USD
CY2010 cqp Operating Costs And Expenses Related Parties
OperatingCostsAndExpensesRelatedParties
12090000 USD
CY2009 cqp Research And Development Expense Related Parties
ResearchAndDevelopmentExpenseRelatedParties
0 USD
CY2011 cqp Research And Development Expense Related Parties
ResearchAndDevelopmentExpenseRelatedParties
4025000 USD
CY2010 cqp Research And Development Expense Related Parties
ResearchAndDevelopmentExpenseRelatedParties
1824000 USD
CY2011 cqp Revenue From Third Parties
RevenueFromThirdParties
269183000 USD
CY2010 cqp Revenue From Third Parties
RevenueFromThirdParties
268328000 USD
CY2009 cqp Revenue From Third Parties
RevenueFromThirdParties
163862000 USD
CY2009 cqp Special Rights Distribution
SpecialRightsDistribution
34879000 USD
CY2010 cqp Special Rights Distribution
SpecialRightsDistribution
0 USD
CY2011 cqp Special Rights Distribution
SpecialRightsDistribution
0 USD
CY2010Q4 cqp Subordinated Unitholders Equity
SubordinatedUnitholdersEquity
-453896000 USD
CY2011Q4 cqp Subordinated Unitholders Equity
SubordinatedUnitholdersEquity
-479197000 USD
CY2011 cqp Weighted Average Number Of Common Units Basic And Diluted
WeightedAverageNumberOfCommonUnitsBasicAndDiluted
27910000 shares
CY2009 cqp Weighted Average Number Of Common Units Basic And Diluted
WeightedAverageNumberOfCommonUnitsBasicAndDiluted
26416000 shares
CY2010 cqp Weighted Average Number Of Common Units Basic And Diluted
WeightedAverageNumberOfCommonUnitsBasicAndDiluted
26416000 shares
CY2011 dei Amendment Flag
AmendmentFlag
false
CY2011 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2011 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2011 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
CY2011 dei Document Period End Date
DocumentPeriodEndDate
2011-12-31
CY2011 dei Document Type
DocumentType
10-K
CY2011 dei Entity Central Index Key
EntityCentralIndexKey
0001383650
CY2012Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
31003154 shares
CY2011 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2011 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2011Q2 dei Entity Public Float
EntityPublicFloat
288000000 USD
CY2011 dei Entity Registrant Name
EntityRegistrantName
Cheniere Energy Partners, L.P.
CY2011 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2011 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No

Files In Submission

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0001383650-12-000012-index-headers.html Edgar Link pending
0001383650-12-000012-index.html Edgar Link pending
0001383650-12-000012.txt Edgar Link pending
0001383650-12-000012-xbrl.zip Edgar Link pending
cqp-20111231.xml Edgar Link completed
cqp-20111231.xsd Edgar Link pending
cqp-20111231_cal.xml Edgar Link unprocessable
cqp-20111231_def.xml Edgar Link unprocessable
cqp-20111231_lab.xml Edgar Link unprocessable
cqp-20111231_pre.xml Edgar Link unprocessable
cqp2011form10k.htm Edgar Link pending
cqp2011form10kexhibit211.htm Edgar Link pending
cqp2011form10kexhibit231.htm Edgar Link pending
cqp2011form10kexhibit311.htm Edgar Link pending
cqp2011form10kexhibit312.htm Edgar Link pending
cqp2011form10kexhibit321.htm Edgar Link pending
cqp2011form10kexhibit322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
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