Cheniere and GAIL Celebrate Commencement of 20-year LNG Contract

March 5, 2018

HOUSTON & NEW DELHI–(BUSINESS WIRE)–Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) and GAIL (India)
Limited (“GAIL”) today marked the commencement of their 20-year Sale and
Purchase Agreement (“SPA”) to supply U.S.-sourced liquefied natural gas
to India from Cheniere’s Sabine Pass liquefaction facility in Louisiana,
with one of GAIL’s first shipments departing from the facility.

The ship will set sail after today’s ceremony to mark the occasion at
Sabine Pass in the presence of Cheniere President and CEO Jack Fusco and
GAIL Chairman and Managing Director Mr. B.C. Tripathi, who were joined
by Consul General Dr. Anupam Ray, as well as representatives from
Cheniere and GAIL.

The SPA, which was signed in December of 2011, commenced on March 1,
2018. Under the terms of the SPA, Cheniere shall sell and make available
for delivery to GAIL approximately 3.5 million tonnes of LNG per year.

“The commencement of this agreement marks the start of a long and
productive relationship between Cheniere and GAIL,” said Mr. Fusco.
“India remains an important market for LNG, and one that we hope will
continue to show signs of growth. We look forward to decades of mutually
beneficial cooperation between Cheniere and GAIL, the leading natural
gas company of India.”

“GAIL is one of the foundation customers of Cheniere having signed the
contract in 2011. With supplies commencing from the US, GAIL will have a
diversified portfolio both on price indexation and geographical
locations,” said Mr. Tripathi. “This long term agreement would go a long
way in strengthening the relationship between GAIL and Cheniere and
reinforcing India-US trade ties,” he added.

About GAIL:

GAIL is India’s leading natural gas company with diversified interests
across the natural gas value chain of trading, transmission, LPG
production & transmission, LNG re-gasification, Petrochemicals, City
Gas, E&P, etc. GAIL is expanding pipeline network by 4000 kms. at an
investment of over USD 3 billion to operate over 15,000 kms by 2020.
GAIL commands 75% market share in gas transmission and has a Gas trading
share of over 50% in India. It also has a growing international presence
through subsidiaries in the USA and Singapore.

About Cheniere:

Cheniere Energy, Inc. is the leading exporter of U.S. liquefied natural
gas. Cheniere is currently operating and constructing its Sabine
Pass LNG facility in Louisiana and is constructing a second liquefaction
facility near Corpus Christi, Texas. When both projects are complete,
Cheniere is expected to be a top-5 global supplier of LNG. Cheniere’s
LNG is based on natural gas sourced from the robust, transparent, and
liquid U.S. market, which provides access to abundant and low-cost gas
resources. Cheniere is a full-service LNG provider, sourcing gas for its
facilities and allowing customers to load cargoes at Cheniere’s LNG
facilities or receive them at regasification facilities around the
world. To date, approximately 300 cumulative LNG cargoes have been
exported from the Sabine Pass LNG facility. Cheniere is based
in Houston, Texas, and has additional offices
in London, Tokyo, Washington, Singapore, Santiago and Beijing.

Forward-Looking Statements:

This press release contains certain statements that may include
“forward-looking statements” within the meanings of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934. 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’s business strategy, plans and objectives,
including the development, construction and operation of liquefaction
facilities, (ii) statements regarding expectations regarding regulatory
authorizations and approvals, (iii) statements expressing beliefs and
expectations regarding the development of Cheniere’s LNG terminal and
pipeline businesses, including liquefaction facilities, (iv) statements
regarding the business operations and prospects of third parties, (v)
statements regarding potential financing arrangements and (vi)
statements regarding future discussions and entry into contracts.
Although Cheniere 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’s 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’s 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 does not assume a
duty to update these forward-looking statements.