Morgan Stanley will acquire a 20% capacity share from Cheniere Energy Partners’ proposed Sabine Pass LNG terminal in Louisiana, US.
The terminal is expected to produces seven million tones of LNG per year.
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Under the terms of the MoU, Morgan Stanley will export or import 1.7mtpa of LNG from the proposed facility.
Cheniere Partners owns 100% of the Sabine Pass LNG terminal, which has a send-out capacity of 4.0bcf per day and storage capacity of 16.9bcfe.
