SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G
                                (RULE 13d - 102)

    INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(b), (c)
              AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d

                                (Amendment No.)*
        Cheniere Energy, Inc.
-----------------------------
(Name of Issuer)

        Common Stock
------------------------------                                            
(Title of Class of Securities)

        16411R208                                                    
------------------------------
(CUSIP Number)

        April 29, 2005                     
------------------------------
(Date of Event which Requires Filing of this Statement)

Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

[ ]      Rule 13d-1(b)
[x]      Rule 13d-1(c)
[ ]      Rule 13d-1(d)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for  any  subsequent   amendment   containing   information  which  would  alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).

                      (Continued on the Following Pages)

 

1.       NAMES OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

                  Amaranth LLC

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

         (a)      [x]
         (b)      [ ]

3.       SEC USE ONLY

4.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

5.       SOLE VOTING POWER

                  0

6.       SHARED VOTING POWER

                  2,748,100                                  

7.       SOLE DISPOSITIVE POWER

                  0

8.       SHARED DISPOSITIVE POWER

                  2,748,100                                  

9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                  See 6 and 8 above.

10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
         EXCLUDES CERTAIN SHARES*   [ ]

11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                  5.1%                               

12.      TYPE OF REPORTING PERSON*

                  CO


1.       NAMES OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

                  Amaranth Global Equities Master Fund Limited

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

         (a)      [x]
         (b)      [ ]

3.       SEC USE ONLY

4.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

5.       SOLE VOTING POWER

                  0

6.       SHARED VOTING POWER

                  2,748,100                                  

7.       SOLE DISPOSITIVE POWER

                  0

8.       SHARED DISPOSITIVE POWER

                  2,748,100                                  

9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                  See 6 and 8 above.

10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
         EXCLUDES CERTAIN SHARES*   [ ]

11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                  5.1%                               

12.      TYPE OF REPORTING PERSON*

                  CO


1.       NAMES OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

                  Amaranth Advisors L.L.C.

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

         (a)      [x]
         (b)      [ ]

3.       SEC USE ONLY

4.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

5.       SOLE VOTING POWER

                  0

6.       SHARED VOTING POWER

                  2,748,100                          

7.       SOLE DISPOSITIVE POWER

                  0

8.       SHARED DISPOSITIVE POWER

                  2,748,100                           

9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                  See 6 and 8 above.

10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
         EXCLUDES CERTAIN SHARES*   [ ]

11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                  5.1%                               

12.      TYPE OF REPORTING PERSON*

                  IA


1.       NAMES OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

                  Nicholas M. Maounis

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

         (a)      [x]
         (b)      [ ]

3.       SEC USE ONLY

4.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  United States

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5.       SOLE VOTING POWER

                  0

6.       SHARED VOTING POWER

                  2,748,100                                  

7.       SOLE DISPOSITIVE POWER

                  0

8.       SHARED DISPOSITIVE POWER

                  2,748,100                                  

9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                  See 6 and 8 above.

10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
         EXCLUDES CERTAIN SHARES*   [ ]

11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                  5.1%                               

12.      TYPE OF REPORTING PERSON*

                  IN, HC



ITEM 1(a).        Name of Issuer:

       Chenire Energy, Inc.                                 
---------------------------------
Item 1(b).        Address of Issuer's Principal Executive Offices:

717 Texas Avenue
Suite 3100
Houston, TX 77002-4102
            
Item 2(a).    Name of Persons Filing:
Item 2(b).    Address of Principal Business Office or, if None, Residence:
Item 2(c).    Citizenship:

         Amaranth LLC
         c/o Amaranth Advisors L.L.C.
         One American Lane
         Greenwich, Connecticut 06831
         Cayman Islands company

         Amaranth Global Equities Master Fund Limited
         c/o Amaranth Advisors L.L.C.
         One American Lane
         Greenwich, Connecticut 06831
         Cayman Islands company

         Amaranth Advisors L.L.C.
         One American Lane
         Greenwich, Connecticut 06831
         Delaware limited liability company

         Nicholas M. Maounis
         c/o Amaranth Advisors L.L.C.
         One American Lane
         Greenwich, Connecticut 06831
         U.S. Citizen

Amaranth  Advisors  L.L.C.  is the  trading  advisor  for each of  Amaranth  LLC
("Amaranth") and Amaranth Global Equities Master Fund Limited ("Global") and has
been granted  investment  discretion over portfolio  investments,  including the
Common Stock (as defined below),  held by each of them.  Maounis is the managing
member of  Amaranth  Advisors  L.L.C.  and may,  by virtue  of his  position  as
managing  member,  be deemed to have power to direct the vote and disposition of
the Common Stock held for each of Amaranth and Global.


Item 2(d).    Title of Class of Securities

     Common Stock, $.003 Par Value ("Common Stock")



                                    

Item 2(e).    CUSIP Number:     16411R208                 


Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or
        (c), Check Whether the Person Filing is a:

     (a)   [ ]   Broker or dealer registered under Section 15 of the Exchange
                 Act.

     (b)   [ ]   Bank as defined in Section 3(a)(6) of the Exchange Act.

     (c)   [ ]   Insurance company defined in Section 3(a)(19) of the 
                 Exchange Act.

     (d)   [ ]   Investment company registered under Section 8 of the 
                 Investment Company Act.

     (e)   [ ]   An investment adviser in accordance with 
                 Rule 13d-1(b)(1)(ii)(E).

     (f)   [ ]   An employee benefit plan or endowment fund in accordance with 
                 Rule 13d-1(b)(1)(ii)(F).

     (g)   [ ]   A parent holding company or control person in accordance with
                 Rule 13d-1(b)(1)(ii)(G).

     (h)   [ ]   A savings association as defined in Section 3(b) of the 
                 Federal Deposit Insurance Act.

     (i)   [ ]   A church plan that is excluded  from the  definition of an 
                 investment  company  under Section  3(c)(14) of the
                 Investment Company Act;

     (j)   [ ]   Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

If this statement is filed pursuant to Rule 13d-1(c), check this box [x]

Item 4.   Ownership.

     Provide  the  following  information  regarding  the  aggregate  number and
percentage of the class of securities of the issuer identified in Item 1.

(a)    Amount beneficially owned:

           The Reporting  Persons  beneficially  own 2,748,100  shares of the 
           Issuer's Common Stock,  which are comprised of (i) 2,043,100 shares 
           Common Stock, and (ii) listed options that can be exercised into
           705,000 shares of Common Stock.

(b)    Percent of class:

                  5.1%              




(c)    Number of shares as to which such person has:

           (i)  Sole power to vote or direct the vote

                   0

          (ii)  Shared power to vote or to direct the vote

                   See Item 4(a).

         (iii)  Sole power to dispose or to direct the disposition of

                   0

          (iv)  Shared power to dispose or to direct the disposition of

                See Item 4(a).


Item 5.   Ownership of Five Percent or Less of a Class.

          If this statement is being filed to report the fact that as of the 
          date hereof the  Reporting  Persons have ceased to be the beneficial
          owner of more than five percent of the class of securities, check the
          following [ ].  Not applicable.

Item 6.   Ownership of More than Five Percent on Behalf of Another Person.

          Shareholders of Amaranth and Global indirectly participate in the 
          receipt of dividends from, and proceeds from the sale of, the Common 
          Stock held for the account of Amaranth and Global.

Item 7.   Identification and Classification of the Subsidiary Which Acquired 
          the Security Being Reported on by the Parent Holding Company.

          Not Applicable.

Item 8.   Identification and Classification of Members of the Group.

          See Item 2 in lieu of an Exhibit.

Item 9.   Notice of Dissolution of Group.

          Not applicable.




Item 10.  Certification.

          By signing below the undersigned certifies that, to the best of its
          knowledge and belief, the securities referred to above were not 
          acquired and are not held for the purpose of or with the effect of 
          changing or influencing the control of the issuer of the securities
          and were not acquired and are not held in connection with or as a 
          participant in any transaction having that purpose or effect.



                                   SIGNATURES

     After reasonable inquiry and to the best of its knowledge and belief, each
of the undersigned certifies that the information with respect to it set forth
in this statement is true, complete, and correct.


Dated:   May 9, 2005                
         ---------------

          AMARANTH LLC,
             by Amaranth Advisors L.L.C., as Trading Advisor

             By: /s/ Nicholas M. Maounis
                 ------------------------------                 
                  Nicholas M. Maounis,
                  Managing Member

          AMARANTH GLOBAL EQUITIES MASTER FUND LIMITED,
             by Amaranth Advisors L.L.C., as Trading Advisor

             By: /s/ Nicholas M. Maounis
                 ------------------------------                 
                  Nicholas M. Maounis,
                  Managing Member

          AMARANTH ADVISORS L.L.C.,


             By: /s/ Nicholas M. Maounis
                 ------------------------------                 
                  Nicholas M. Maounis,
                  Managing Member
 
          NICHOLAS M. MAOUNIS

          /s/ Nicholas M. Mounis
          ------------------------------                        
              Nicholas M. Maounis



                                    EXHIBIT A
                             JOINT FILING AGREEMENT

     The  undersigned  hereby agree that the statement on Schedule 13G signed by
each of the  undersigned  shall be,  filed on behalf of each of the  undersigned
pursuant to and in accordance  with the  provisions  of Rule 13d-1(k)  under the
Securities Exchange Act of 1934, as amended.

Dated:    May 9, 2005               
          ----------------

          AMARANTH LLC,
             by Amaranth Advisors L.L.C., as Trading Advisor

             By: /s/ Nicholas M. Maounis
                 ------------------------------                 
                  Nicholas M. Maounis,
                  Managing Member

          AMARANTH GLOBAL EQUITIES MASTER FUND LIMITED,
             by Amaranth Advisors L.L.C., as Trading Advisor

             By: /s/ Nicholas M. Maounis
                 ------------------------------                 
                  Nicholas M. Maounis,
                  Managing Member

          AMARANTH ADVISORS L.L.C.,


             By: /s/ Nicholas M. Maounis
                 ------------------------------                 
                  Nicholas M. Maounis,
                  Managing Member
 
          NICHOLAS M. MAOUNIS

          /s/ Nicholas M. Mounis
          ------------------------------                        
              Nicholas M. Maounis