Exhibit 99.1


        Cheniere LNG Marketing and Scottish Power's PPM Energy Enter Into
                     10-Yr. Gas Purchase and Sale Agreement


     HOUSTON--(BUSINESS WIRE)--April 6, 2006--Cheniere Energy, Inc. (AMEX:LNG)
and PPM Energy, Inc., a subsidiary of Scottish Power PLC (NYSE:SPI)(LSE:SPW)
announced today that Cheniere Energy's wholly-owned subsidiary, Cheniere LNG
Marketing, Inc. (Cheniere LNG Marketing) has entered into a 10-year Gas Purchase
and Sale Agreement with PPM. Upon completion of certain facilities, the
agreement gives Cheniere LNG Marketing the ability to sell to PPM up to 600,000
MMBtus of natural gas per day at a Henry Hub related market index price, and
calls for Cheniere to allocate to PPM a portion of the liquefied natural gas
(LNG) that it procures under certain long-term LNG supply agreements.
     Terry Hudgens, PPM's CEO, said, "PPM Energy is delighted to have been
selected by Cheniere to purchase long term LNG supply into the U.S. Gulf Coast
Market. PPM considers this an important strategic relationship that links its
growing gas storage supply and marketing business to Cheniere's leading LNG
terminal business. LNG will become a vital part of U.S. natural gas supply over
the next several years and PPM will be well positioned to offer LNG along with
domestic supply and storage services to its growing gas customer base."
     Cheniere LNG Marketing President, Keith Meyer said, "PPM has taken a
proactive step in addressing North America's natural gas supply shortfall by
helping to pull long-term LNG supply into North America. PPM's network of
storage capacity and its natural gas marketing platform are assets that
complement Cheniere's LNG receiving network and Cheniere LNG Marketing's LNG
procurement business. We view this venture as a strategic relationship that will
play off the strengths of both parties to our mutual benefit."

     PPM Energy, Inc.

     PPM Energy (www.ppmenergy.com) provides optimized energy solutions tailored
to meet the needs of wholesale and large commercial and industrial customers. It
offers expertise in all aspects of wholesale power and gas markets from
generation and gas storage development to long-term energy supply to asset
management services.
     PPM is a subsidiary of Scottish Power (www.scottishpower.com), an
international energy company comprised of four continuing businesses, Energy
Retail, Energy Wholesale and Energy Networks in the UK and PPM Energy in the
U.S. It provides electricity generation, transmission, distribution, and supply
services to electricity and natural gas customers.

     Cheniere Energy, Inc.

     Cheniere Energy is developing a platform of three, 100% owned LNG receiving
terminal projects along the U.S. Gulf Coast. The three terminals will have an
aggregate send-out capacity of 9.9 billion cubic feet of natural gas per day.
Cheniere plans to leverage its terminal platform by pursuing related LNG
business opportunities both upstream and downstream of the terminals. Cheniere
is also the founder and holds a 30% limited partner interest in a fourth LNG
receiving terminal, is a partner in an LNG shipping venture, and engages in oil
and gas exploration in the shallow waters of the U.S. Gulf of Mexico.
     Cheniere is based in Houston, Texas, with offices in Johnson Bayou,
Louisiana, and Paris, France. Additional information about Cheniere may be found
on the company's web site at www.cheniere.com.
     For additional information on the agreement, please refer to the Cheniere
Energy, Inc. Current Report on Form 8-K filed with the Securities and Exchange
Commission.
     This press release contains certain statements that may include
"forward-looking statements" within the meaning 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 facts, 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 and (ii) statements expressing beliefs and expectations regarding
the development of Cheniere's LNG receiving terminal business. 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.


     CONTACT: Cheniere Energy, Inc., Houston
              David Castaneda, 713-265-0202
              or
              PPM Energy, Inc.
              Jan Johnson, 503-796-7070