Under a sale and purchase agreement with GAIL (India) Ltd, the date of first commercial delivery for train 4 of the Sabine Pass project is expected to occur in March 2018, upon which the sale and purchase agreement’s 20-year term commences.
Over the last 17 months, Cheniere Partners and Bechtel have declared substantial completion on four liquefaction trains at Sabine Pass. With the achievement of substantial completion, financial results of LNG sales from train 4 going forward will be reflected in the statement of operations of Cheniere Partners and its affiliates.
