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Cheniere Energy Inc. announced that its wholly owned limited partnership, Sabine Pass LNG L.P. has signed agreements with HSBC Securities (USA) Inc. and SG Corporate & Investment Banking, an arm of Societe Generale, to arrange the $741 million debt component of the project financing for the construction of its liquefied natural gas (LNG) receiving terminal in Cameron Parish, LA (see Daily GPI, Sept. 7).

Georgia deregulation proved it is in full throttle last week asthe municipality representing the city of Marietta formed analliance with Columbia Energy’s Georgia affiliate, Columbia EnergyRetail Corp. The alliance calls for a 10-year deal with the city ata guaranteed base price of 39.9 cents per therm for one year and acontractual promise to be competitive for the other nine. Themunicipality includes between 30,000 and 40,000 gas customers.