8-KEarnings & ResultsOther EventsExhibits & Filings

Cheniere Energy, Inc. 8-K Report, Financial Results (May 8, 2006)

Filed May 8, 2006For Securities:LNG

Summary

Cheniere Energy, Inc. (LNG) filed an 8-K on May 7, 2006, reporting on events from May 4-5, 2006. The filing includes the company's first quarter 2006 results of operations, as announced in a press release on May 5, 2006. While specific financial details are not detailed within the 8-K itself, investors are directed to Exhibit 99.1 for this information. The report also highlights significant regulatory progress for Cheniere's liquefaction projects. Specifically, the Federal Energy Regulatory Commission (FERC) issued the Final Environmental Impact Statement (FEIS) for the Creole Trail LNG project and the Creole Trail Pipeline Company. Additionally, an Environmental Assessment (EA) was issued by FERC for the expansion of Cheniere's liquefied natural gas (LNG) receiving terminal located in western Cameron Parish, Louisiana, at the Sabine Pass Channel. These regulatory milestones are crucial for the development and expansion of Cheniere's LNG infrastructure.

Key Highlights

  • 1Cheniere Energy announced its first quarter 2006 results of operations via press release on May 5, 2006 (Exhibit 99.1).
  • 2The Federal Energy Regulatory Commission (FERC) issued the Final Environmental Impact Statement (FEIS) for the Creole Trail LNG and Creole Trail Pipeline Company.
  • 3FERC also issued an Environmental Assessment (EA) for the expansion of Cheniere's Sabine Pass LNG receiving terminal in Louisiana.
  • 4These regulatory approvals represent significant progress in the development of Cheniere's LNG infrastructure.
  • 5The 8-K filing incorporates these press releases by reference, directing investors to the exhibits for detailed information.
  • 6The filing date was May 7, 2006, with the earliest event reported on May 5, 2006.

Frequently Asked Questions

The 8-K filing indicates that Cheniere announced its first quarter 2006 results of operations on May 5, 2006, in a press release (Exhibit 99.1). The specific financial details are not included in the 8-K text itself but are available in the referenced exhibit.

The issuance of the Final Environmental Impact Statement (FEIS) by FERC is a critical regulatory step for the development of the Creole Trail LNG project and its associated pipeline. It signifies that the environmental review process has progressed to a late stage, indicating forward momentum for the project.

The Environmental Assessment (EA) for the expansion of the Sabine Pass LNG receiving terminal means that FERC has reviewed the potential environmental impacts of the expansion. Its issuance suggests that the expansion project is moving through the regulatory approval process, which is essential for increasing the terminal's capacity.

The 8-K filing states that the information included in Item 2.02 (Results of Operations) and its attached Exhibit 99.1 shall not be deemed 'filed' for purposes of Section 18 of the Exchange Act or incorporated by reference into any filing under the Securities Act or Exchange Act, unless expressly set forth by specific reference. However, the press releases concerning FERC actions (Exhibits 99.2 and 99.3) are incorporated herein in their entirety.