Cheniere Energy, Inc. — Director's Dealing 2004

Nov 13, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHENIERE ENERGY INC (LNG)
CIK: 0000003570
Period of Report: 2004-09-16

Reporting Person: SOUKI CHARIF (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-16	Common Stock	M	60000	$2.5	Acquired	1205017	Indirect
2004-09-16	Common Stock	M	170000	$2.5	Acquired	1375017	Direct
2004-11-09	Common Stock	M	40000	$1.06	Acquired	1415017	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-16	Warrant (right to buy)	$2.5	M	60000	Disposed	2008-04-16	Common Stock (60000)	Indirect
2004-09-16	Warrant (right to buy)	$2.5	M	170000	Disposed	2008-04-16	Common Stock (170000)	Direct
2004-11-09	Stock Option	$1.06	M	40000	Disposed	2006-11-09	Common Stock (40000)	Direct

Footnotes

F1: The Reporting Person's holdings include (i) 54,750 shares held indirectly through his wife, (ii) 800,000 shares held indirectly that are owned of record by a trust, of which the Reporting Person is the sole beneficiary and over which the Reporting Person has voting and dispositive control and (iii) 60,000 shares held indirectly through the Reporting Person's three children who share the same household.

F2: The options vested in three equal installments on November 9, 2002, 2003 and 2004.