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What: Shares of Cheniere Energy Partners
So what: BG Group out of the U.K. signed a huge LNG export deal that will be sent through the LNG terminal at Sabine Pass. The contract is for 3.5 million tonnes per year of LNG, a deal that is worth about $8 billion.
Now what: Now you might be asking why Cheniere Energy
The complex relationship between Cheniere Energy and its subsidiaries muddles the stocks, along with the fact that payment and payouts from the completed project are unclear at this time. But no matter what, we're still talking about being four years away from any real benefit, a long time for a project that has been on the table for a while.
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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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