Exhibit 8.1
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600 Travis, Suite 4200 Houston, Texas 77002 713.220.4200 Phone 713.220.4285 Fax andrewskurth.com |
August , 2005
Cheniere Energy, Inc.
717 Texas Avenue, Suite 3100
Houston, Texas 77002
Ladies and Gentlemen:
We have acted as counsel for Cheniere Energy, Inc., a Delaware corporation (the Company), in connection with the Companys Registration Statement No. 333- on Form S-3 (the Registration Statement) being filed by the Company with the Securities and Exchange Commission (the Commission) under the Securities Act of 1933, as amended (the Securities Act), relating to the resale by certain selling security holders from time to time of (i) up to $325,000,000 aggregate principal amount of the Companys 2.25% Convertible Senior Notes due 2012 (the Notes), (ii) up to 9,175,607 shares of the Companys common stock (the Conversion Shares), par value $0.003 per share (the Common Stock), initially issuable upon conversion of the Notes and (iii) up to 2,000,000 shares of Common Stock held by BPU Associates, LLC (the BPU Shares, and together with the Notes and Common Stock, the Securities). The Notes were issued under an Indenture (the Indenture) dated as of July 27, 2005 between the Company and The Bank of New York, as trustee. In this connection, we have assisted in the preparation of the description of the material United States federal income tax consequences to certain holders of the Securities contained in the Registration Statement under the caption entitled Material U.S. Federal Income Tax Considerations (the Tax Summary).
In arriving at the opinion expressed below, we have examined the Registration Statement, including the prospectus included therein and the documents incorporated by reference therein, and we have made such investigations of law as we have deemed appropriate as a basis for the opinion expressed below.
Subject to the qualifications and assumptions stated in the Registration Statement and the limitations and qualifications set forth herein, it is our opinion that the discussion contained in the Tax Summary is accurate and complete in all material respects and summarizes accurately all material United states federal income tax laws referred to therein.
This opinion letter is limited to the matters set forth herein, and no opinions are intended to be implied or may be inferred beyond those expressly stated herein. Our opinion is rendered as of the date hereof and we assume no obligation to update or supplement this opinion or any matter related to this opinion to reflect any change of fact, circumstances, or law after the date hereof. Furthermore, our opinion is not binding on the Internal Revenue Service or a court. In addition, we must note that our opinion represents merely our best legal judgment on the matters presented and that others may disagree with our conclusion. There can be no assurance that the
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Cheniere Energy, Inc.
August , 2005
Page 2
Internal Revenue Service will not take a contrary position or that a court would agree with our opinion if litigated.
We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the reference to our firm in the prospectus forming a part of the Registration Statement under the caption Legal Matters. In giving this consent, however, we do not hereby admit that we are within the category of persons whose consent is required under section 7 of the Act or the rules and regulations of the Commission issued thereunder.
Very truly yours,