Cheniere Energy, Inc. — Director's Dealing 2007

Nov 9, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CHENIERE ENERGY INC (LNG)
CIK: 0000003570
Period of Report: 2007-11-01

Reporting Person: Thames Howard Davis (VP - Mktg. Strategy & Analysis)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	18670	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$31.84	2015-07-01	Common Stock (10400)		Direct
Phantom Stock	$0	2010-12-31	Common Stock (25000)		Direct
Phantom Stock	$0	2010-12-31	Common Stock (75000)		Direct

Footnotes

F1: 5,200 options are currently exercisable. 2,600 options will vest on 7/1/2008 and 2,600 options will vest on 7/1/2009.

F2: Each share of phantom stock is the economic equivalent of one share of Cheniere Energy, Inc. Common Stock and is payable in cash or in Cheniere Common Stock if the average closing stock price of $33.57 is achieved as reported on the American Stock Exchange for the last 20 trading days of the earliest of 2007, 2008, 2009 or 2010.

F3: Each share of phantom stock is the economic equivalent of one share of Cheniere Energy, Inc. Common Stock, and one-third of the phantom stock is payable in cash or in Cheniere Common Stock if the following average closing stock prices are achieved as reported on the American Stock Excange for the last 20 trading days of the designated performance period ending Dec. 31, 2008, 2009 or 2010, or any future performance period. The stock prices to be achieved for the performance periods are: 2008 - $42.00; 2009 - $50.00; 2010 - $60.00.