Cheniere Energy Partners Reports $10.76 Billion Revenue and $2.99 Billion Net Income for Fiscal Year 2025

Cheniere Energy Partners, L.P. reported a significant increase in its financial performance for the fiscal year ending December 31, 2025, with total revenues reaching $10.76 billion, up from $8.70 billion in 2024. This growth was primarily driven by a $1.65 billion increase in LNG revenues, which rose to $8.20 billion, reflecting higher pricing per MMBtu due to increased Henry Hub pricing. The company also noted a net income of $2.99 billion, a $477 million increase from the previous year, with basic and diluted net income per common unit rising to $5.17 from $4.25.

Operationally, Cheniere has continued to expand its liquefaction capacity at the Sabine Pass LNG Terminal, which has a total production capacity of over 30 million tonnes per annum (mtpa). As of February 20, 2026, the company has exported over 225 million tonnes of LNG since its first shipment in 2016. The company is also developing the SPL Expansion Project, which aims to add approximately 20 mtpa of liquefaction capacity. This project is currently in the regulatory approval phase, with a positive final investment decision (FID) expected in 2026 or 2027.

Cheniere's customer base remains robust, with approximately 85% of its anticipated production contracted through long-term sales and purchase agreements (SPAs) with a weighted average remaining life of about 13 years. Major customers include BG Gulf Coast LNG, Korea Gas Corporation, and GAIL (India) Limited, each contributing significantly to the company's revenues. The company has also maintained a disciplined approach to growth, focusing on securing long-term contracts and optimizing existing infrastructure.

In terms of financial health, Cheniere reported $182 million in cash and cash equivalents, with total debt outstanding at $14.6 billion. The company has access to $1.8 billion in available commitments under its credit facilities, which positions it well for future capital expenditures and operational needs. The outlook for Cheniere remains positive, with expectations of continued demand for LNG driven by global energy security concerns and the transition to cleaner energy sources. The company is well-positioned to capitalize on these trends, supported by its strategic investments and long-term customer agreements.