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Cheniere Energy Partners LP (CQP) filed its annual report on February 26, 2026, detailing its operations at the Sabine Pass LNG facility in Louisiana, which has a production capacity exceeding 30 mtpa. As of December 31, 2025, the company reported a market value of approximately $2.2 billion and had secured long-term contracts for 85% of its anticipated LNG production through the mid-2030s.

The SPL Expansion Project aims to add up to 20 mtpa of capacity. However, the company faces risks from capital-intensive operations, market competition, and regulatory challenges that could impact its growth and profitability.