ATHENS, GREECE, Sept. 24, 2014 – Dynagas LNG Partners LP (NASDAQ: DLNG ) (“Dynagas Partners” or the “Partnership”), an owner and operator of LNG carriers, today announced that it has entered into an agreement to purchase from Dynagas Holding Ltd., the Partnership’s sponsor, 100% of the ownership interests in the entity that owns and operates the Yenisei River, a 2013 built ice class liquefied natural gas carrier, and the related time charter contract, for an aggregate purchase price of $257.5 million. The Yenisei River acquisition is subject to the satisfaction of certain customary closing conditions. Closing of the acquisition of the Yenisei River is expected to take place on or before September 30, 2014.
The Partnership expects to finance this acquisition with the net proceeds of its recently completed $250 million public offering of senior unsecured notes due 2019 and available cash on hand.
-Cheniere and EDF sign SPA for LNG sales from Corpus Christi Train 3
-EDF contracts for approximately 0.77 million tonnes per annum of LNG
-Approximately 7.65 million tonnes per annum of LNG contracted at Corpus Christi
HOUSTON, July 19, 2014 – Cheniere Energy, Inc. (“Cheniere”) (NYSE MKT: LNG) announced today that its subsidiary, Corpus Christi Liquefaction, LLC (“Corpus Christi Liquefaction”), has entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Électricité de France, S.A. (“EDF”) under which EDF has agreed to purchase approximately 0.38 million tonnes per annum (“mtpa”) of LNG upon the commencement of operations of Train 2 of the LNG export facility being developed near Corpus Christi, Texas (the “Corpus Christi Liquefaction Project”), and increasing to approximately 0.77 mtpa of LNG upon the commencement of operations of Train 3. The Corpus Christi Liquefaction Project is being designed and permitted for up to three trains, with aggregate design production capacity of 13.5 mtpa of LNG.