Cheniere Energy Partners Offers Stable Earnings With Some Upside From New Investments

Cheniere Energy Partners sits between North American natural gas producers and global liquefied natural gas consumers. It seeks to strike long-term purchase agreements with producers and consumers alike. These agreements allow the firm to lock in a consistent spread between the cost of gas and the fees it charges customers. Of the volumes Cheniere produces, 90% are linked to these arrangements. The agreements, in part pioneered by Cheniere, last two decades. Their long duration and strength give investors high confidence in their cash generation.