EXHIBIT 99.1

CHENIERE ENERGY PARTNERS, L.P. NEWS RELEASE
Cheniere Partners Reports Third Quarter 2025 Results and Reconfirms Full Year 2025 Distribution Guidance
HOUSTON--(BUSINESS WIRE)-- Cheniere Energy Partners, L.P. (“Cheniere Partners”) (NYSE: CQP) today announced its financial results for third quarter 2025.
HIGHLIGHTS
During the three and nine months ended September 30, 2025, Cheniere Partners generated revenues of $2.4 billion and $7.8 billion, net income of $506 million and $1.7 billion, and Adjusted EBITDA1 of $885 million and $2.6 billion, respectively.
With respect to the third quarter of 2025, Cheniere Partners declared a cash distribution of $0.830 per common unit to unitholders of record as of November 7, 2025, comprised of a base amount equal to $0.775 and a variable amount equal to $0.055. The common unit distribution and the related general partner distribution will be paid on November 14, 2025.
Reconfirming full year 2025 distribution guidance of $3.25 - $3.35 per common unit, maintaining a base distribution of $3.10 per common unit.
In July 2025, Cheniere Partners produced and loaded its 3,000th liquefied natural gas (“LNG”) cargo since commencing export operations at the Sabine Pass LNG terminal in February 2016.

2025 FULL YEAR DISTRIBUTION GUIDANCE
2025
Distribution per Unit$3.25 -$3.35 

SUMMARY AND REVIEW OF FINANCIAL RESULTS
(in millions, except LNG data)Three Months Ended September 30,Nine Months Ended September 30,
 20252024% Change20252024% Change
Revenues$2,404 $2,055 17 %$7,848 $6,244 26 %
Net income$506 $635 (20)%$1,700 $1,887 (10)%
Adjusted EBITDA1
$885 $852 %$2,649 $2,684 (1)%
LNG exported:
Number of cargoes104 104 — %314 321 (2)%
Volumes (TBtu)374 377 (1)%1,132 1,168 (3)%
LNG volumes loaded (TBtu)374 377 (1)%1,130 1,166 (3)%
Net Income decreased approximately $129 million and $187 million during the three and nine months ended September 30, 2025, respectively, as compared to the corresponding 2024 periods. The decreases were primarily attributable to approximately $162 million and $190 million of unfavorable variances related to changes in fair value of our derivative instruments, including the impact of derivative instruments related to our long-term Integrated Production Marketing agreements, for the three and nine months ended September 30, 2025, respectively.
___________________________
1 Non-GAAP financial measure. See “Reconciliation of Non-GAAP Measures” for further details.


Adjusted EBITDA1 increased by approximately $33 million and decreased by approximately $35 million during the three and nine months ended September 30, 2025, respectively. The increase for the three months ended September 30, 2025 was primarily driven by lower operating and maintenance expenses and higher total margins per MMBtu of LNG delivered, partially offset by lower volumes delivered as compared to the prior period. The decrease for the nine months ended September 30, 2025 was primarily driven by lower volumes of LNG delivered, as well as by higher operating and maintenance expenses, as compared to the prior period.
During the three and nine months ended September 30, 2025, we recognized in income 374 and 1,130 TBtu, respectively, of LNG loaded from the SPL Project (defined below).
Capital Resources
The table below provides a summary of our available liquidity (in millions) as of September 30, 2025:
September 30, 2025
Cash and cash equivalents$121 
Restricted cash and cash equivalents43 
Available commitments under our credit facilities:
Sabine Pass Liquefaction, LLC (“SPL”) Revolving Credit Facility815 
Cheniere Partners Revolving Credit Facility1,000 
Total available commitments under our credit facilities1,815 
Total available liquidity$1,979 
Recent Key Financial Transactions and Updates
In September 2025, SPL repaid approximately $52 million aggregate principal amount outstanding of its 4.746% Senior Secured Notes due 2037 (“the 2037 SPL Senior Notes”) based on the fixed amortization schedules.

In July 2025, we issued $1.0 billion of aggregate principal amount of 5.550% Senior Notes due 2035, and the net proceeds, together with cash on hand, were used to redeem $1.0 billion of the aggregate principal amount of SPL’s 5.875% Senior Secured Notes due 2026.

During the nine months ended September 30, 2025, SPL repaid the remaining $300 million in principal amount of its 5.625% Senior Secured Notes due 2025 with cash on hand.
SABINE PASS OVERVIEW
We own natural gas liquefaction facilities with total production capacity of over 30 mtpa of LNG at the Sabine Pass LNG terminal in Cameron Parish, Louisiana (the “SPL Project”).
As of October 24, 2025, over 3,120 cumulative LNG cargoes totaling approximately 215 million tonnes of LNG have been produced, loaded, and exported from the SPL Project.
SPL Expansion Project
We are developing an expansion adjacent to the SPL Project with an expected total peak production capacity of up to approximately 20 mtpa of LNG (the “SPL Expansion Project”), inclusive of estimated debottlenecking opportunities and supporting infrastructure. We expect to execute the SPL Expansion Project in a phased approach, and a positive Final Investment Decision (“FID”) is subject to, among other things, receipt of necessary regulatory approvals and acceptable commercial and financing arrangements.
DISTRIBUTIONS TO UNITHOLDERS
In October 2025, we declared a cash distribution of $0.830 per common unit to unitholders of record as of November 7, 2025, comprised of a base amount equal to $0.775 ($3.10 annualized) and a variable amount equal to $0.055, which takes into consideration, among other things, amounts reserved for annual debt repayment and capital allocation goals, anticipated capital expenditures to be funded with cash, and cash reserves to provide for the proper conduct of the business. The common unit distribution and the related general partner distribution will be paid on November 14, 2025.




INVESTOR CONFERENCE CALL AND WEBCAST
Cheniere Energy, Inc. (NYSE: LNG) will host a conference call to discuss its financial and operating results for the third quarter 2025 on Thursday, October 30, 2025, at 11 a.m. Eastern time / 10 a.m. Central time. A listen-only webcast of the call and an accompanying slide presentation may be accessed through our website at www.cheniere.com. Following the call, an archived recording will be made available on our website. The call and accompanying slide presentation will include financial and operating results or other information regarding Cheniere Partners.

About Cheniere Partners
Cheniere Partners owns the Sabine Pass LNG terminal located in Cameron Parish, Louisiana, which has natural gas liquefaction facilities with a total production capacity of over 30 mtpa of LNG. The Sabine Pass LNG terminal also has operational regasification facilities that include five LNG storage tanks, vaporizers, and three marine berths. Cheniere Partners also owns the Creole Trail Pipeline, which interconnects the Sabine Pass LNG terminal with a number of large interstate and intrastate pipelines.

For additional information, please refer to the Cheniere Partners website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the Securities and Exchange Commission.

Use of Non-GAAP Financial Measures
In addition to disclosing financial results in accordance with U.S. GAAP, the accompanying news release contains a non-GAAP financial measure. Adjusted EBITDA is a non-GAAP financial measure that is used to facilitate comparisons of operating performance across periods. This non-GAAP measure should be viewed as a supplement to and not a substitute for our U.S. GAAP measures of performance and the financial results calculated in accordance with U.S. GAAP, and the reconciliation from these results should be carefully evaluated.

Forward-Looking Statements
This press release contains certain statements that may include “forward-looking statements.” All statements, other than statements of historical or present facts or conditions, included herein are “forward-looking statements.” Included among “forward-looking statements” are, among other things, (i) statements regarding Cheniere Partners’ financial and operational guidance, business strategy, plans and objectives, including the development, construction and operation of liquefaction facilities, (ii) statements regarding Cheniere Partners’ anticipated quarterly distributions and ability to make quarterly distributions at the base amount or any amount, (iii) statements regarding regulatory authorization and approval expectations, (iv) statements expressing beliefs and expectations regarding the development of Cheniere Partners’ LNG terminal and liquefaction business, (v) statements regarding the business operations and prospects of third-parties, (vi) statements regarding potential financing arrangements, (vii) statements regarding future discussions and entry into contracts, and (viii) statements relating to our goals, commitments and strategies in relation to environmental matters. Although Cheniere Partners believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Cheniere Partners’ actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Cheniere Partners’ periodic reports that are filed with and available from the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Cheniere Partners does not assume a duty to update these forward-looking statements.

 (Financial Tables Follow)



Cheniere Energy Partners, L.P.
Consolidated Statements of Operations
(in millions, except per unit data)(1)
(unaudited)

 Three Months EndedNine Months Ended
September 30,September 30,
 2025202420252024
Revenues
LNG revenues$1,837 $1,479 $5,961 $4,653 
LNG revenues—affiliate518 526 1,738 1,441 
Regasification revenues34 34 102 102 
Other revenues15 16 47 48 
Total revenues2,404 2,055 7,848 6,244 
Operating costs and expenses
Cost of sales (excluding operating and maintenance expense and depreciation and amortization expense shown separately below)1,278 773 4,177 2,398 
Cost of sales—affiliate— — — 
Operating and maintenance expense191 200 683 610 
Operating and maintenance expense—affiliate40 41 126 123 
Operating and maintenance expense—related party— 15 28 44 
General and administrative expense
General and administrative expense—affiliate23 23 70 68 
Depreciation and amortization expense173 171 515 509 
Other operating costs and expenses— 10 
Other operating costs and expenses—affiliate— 
Total operating costs and expenses1,708 1,228 5,611 3,776 
Income from operations696 827 2,237 2,468 
Other income (expense)
Interest expense, net of capitalized interest(189)(199)(567)(603)
Loss on modification or extinguishment of debt(7)— (7)(3)
Interest and dividend income14 25 
Other income—affiliate— 23 — 
Total other expense(190)(192)(537)(581)
Net income$506 $635 $1,700 $1,887 
Basic and diluted net income per common unit(1)
$0.80 $1.08 $2.79 $3.21 
Weighted average basic and diluted number of common units outstanding484.0 484.0 484.0 484.0 
(1)Please refer to the Cheniere Energy Partners, L.P. Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the Securities and Exchange Commission.







Cheniere Energy Partners, L.P.
Consolidated Balance Sheets
(in millions, except unit data) (1)
(unaudited)
September 30,December 31,
20252024
ASSETS 
Current assets
Cash and cash equivalents$121 $270 
Restricted cash and cash equivalents43 109 
Trade and other receivables, net of current expected credit losses359 380 
Trade and other receivables—affiliate210 164 
Trade receivables, net of current expected credit losses—related party— 
Advances to affiliates150 101 
Inventory147 151 
Current derivative assets16 84 
Prepaid expenses52 42 
Other current assets, net21 23 
Total current assets1,119 1,325 
Property, plant and equipment, net of accumulated depreciation15,399 15,760 
Operating lease assets77 79 
Derivative assets14 98 
Other non-current assets, net225 191 
Total assets$16,834 $17,453 
LIABILITIES AND PARTNERS’ DEFICIT
  
Current liabilities  
Accounts payable$58 $62 
Accrued liabilities691 838 
Accrued liabilities—related party— 
Current debt, net of unamortized discount and debt issuance costs605 351 
Due to affiliates41 63 
Deferred revenue148 120 
Deferred revenue—affiliate
Current derivative liabilities139 250 
Other current liabilities13 20 
Total current liabilities1,697 1,712 
Long-term debt, net of unamortized discount and debt issuance costs14,156 14,761 
Derivative liabilities1,069 1,213 
Other non-current liabilities237 252 
Other non-current liabilities—affiliate23 24 
Total liabilities17,182 17,962 
Partners’ deficit
Common unitholders’ interest (484.0 million units issued and outstanding at both September 30, 2025 and December 31, 2024)
2,296 1,821 
General partner’s interest (2% interest with 9.9 million units issued and outstanding at both September 30, 2025 and December 31, 2024)
(2,644)(2,330)
Total partners’ deficit
(348)(509)
Total liabilities and partners’ deficit
$16,834 $17,453 
(1)Please refer to the Cheniere Energy Partners, L.P. Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the Securities and Exchange Commission.



Reconciliation of Non-GAAP Measures
Regulation G Reconciliations
Adjusted EBITDA
The following table reconciles our Adjusted EBITDA to U.S. GAAP results for the three and nine months ended September 30, 2025 and 2024 (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Net income$506 $635 $1,700 $1,887 
Interest expense, net of capitalized interest189 199 567 603 
Loss on modification or extinguishment of debt— 
Interest and dividend income(5)(7)(14)(25)
Other income—affiliate(1)— (23)— 
Income from operations$696 $827 $2,237 $2,468 
Adjustments to reconcile income from operations to Adjusted EBITDA:
Depreciation and amortization expense173 171 515 509 
Loss (gain) from changes in fair value of commodity derivatives, net (1)
16 (146)(103)(293)
Adjusted EBITDA$885 $852 $2,649 $2,684 
(1) Change in fair value of commodity derivatives prior to contractual delivery or termination
Adjusted EBITDA is commonly used as a supplemental financial measure by our management and external users of our Consolidated Financial Statements to assess the financial performance of our assets without regard to financing methods, capital structures, or historical cost basis. Adjusted EBITDA is not intended to represent cash flows from operations or net income as defined by U.S. GAAP and is not necessarily comparable to similarly titled measures reported by other companies.
We believe Adjusted EBITDA provides relevant and useful information to management, investors and other users of our financial information in evaluating the effectiveness of our operating performance in a manner that is consistent with management’s evaluation of financial and operating performance.
Adjusted EBITDA is calculated by taking net income before interest expense, net of capitalized interest, depreciation and amortization, and adjusting for the effects of certain non-cash items, other non-operating income or expense items and other items not otherwise predictive or indicative of ongoing operating performance, including the effects of modification or extinguishment of debt, impairment expense, gain or loss on disposal of assets, and changes in the fair value of our commodity derivatives prior to contractual delivery or termination. The change in fair value of commodity derivatives is considered in determining Adjusted EBITDA given that the timing of recognizing gains and losses on these derivative contracts differs from the recognition of the related item economically hedged. We believe the exclusion of these items enables investors and other users of our financial information to assess our sequential and year-over-year performance and operating trends on a more comparable basis and is consistent with management’s own evaluation of performance.



Contacts
Cheniere Partners
Investors
Randy Bhatia713-375-5479
Frances Smith713-375-5753
Media Relations
Randy Bhatia713-375-5479
Bernardo Fallas713-375-5593