The infrastructure arm of Brookfield Asset Management Inc. is in talks to buy Blackstone Group Inc.’s minority stake in Cheniere Energy Partners, Bloomberg News reported on Aug. 11, citing people familiar with the matter.
Cheniere Energy Partners is a limited partnership formed by Cheniere Energy Inc., the biggest LNG producer in the United States.
Brookfield Asset Management is working with a partner to buy Blackstone’s interest, Bloomberg said, adding no final decision has been made and the alternative asset manager could opt to not proceed.
Blackstone held 203.2 million shares, or about 58.3%, of Cheniere Energy Partners as of March 31, according to Refinitiv Eikon data.
Blackstone declined to comment and Brookfield did not immediately respond to Reuters' request for a comment.
Recommended Reading
TotalEnergies, APA Eye $9B FID in Suriname’s Block 58
2023-09-14 - TotalEnergies and APA Corp. have launched development studies offshore Suriname in Block 58 and eye the start of detailed engineering studies by end 2023 and a $9 billion FID by year-end 2024.
Stoneburner, Bryan Sheffield, H&P Strike Marcellus-Like Pay in Northern Australia
2023-09-05 - Tamboran Resources’ Shenandoah South 1H well in northern Australia’s Beetaloo Basin is expected to be completed this fall.
E&P Highlights: July 24, 2023
2023-07-24 - Here’s a roundup of the latest E&P headlines, including ramping up production offshore Gabon and delays for Sangomar offshore Senegal in the upstream oil and gas industry.
Jubilee South East Goes Onstream
2023-07-14 - The $1 billion subsea development offshore Ghana is expected to deliver over 1 Bboe in production, field partner says.
Rosebank Phase 1 Progresses with Equinor, Ithaca $3.8B FID
2023-09-28 - A number of contracts have been awarded in support of the Rosebank oil field’s Phase 1 development.