Cheniere Energy Inc. LNG terminal enters start up and commissioning process

The start-up process for the LNG terminal owned and operated by Cheniere Energy Inc. is underway. The $14bn terminal located in San Patricio County, Texas is expected to be fully operational in 2019.

As part of the terminal’s operations, Cheniere Energy has been preparing three LNG trains and associated pipeline and other infrastructure. The third LNG train received a positive Final Investment Decision (FID) from the board of directors in May of this year.

“Moving forward with the construction of Train 3 at Corpus Christi reinforces our position as the leader in U.S. LNG,” said Jack Fusco, Cheniere’s President and Chief Executive Officer. “I would like to recognise the Cheniere team, our financial partners, our EPC partner Bechtel and our long-term customers at the CCL Project for their demonstrated teamwork, commitment and execution, which were critical elements in the successful commercialisation and financing of Train 3. We continue to see significant tailwinds in the global LNG market and look forward to delivering additional growth and value to shareholders.”

The first LNG train is set to go into service in the first half of 2019. The second LNG train is also scheduled for 2019, though is set to be ready for service in the latter half of the year. The company is also continuing work on the third LNG train, which is expected to be completed by 2021. These three LNG trains are being produced as part of the company’s CCL Project.

The CCL Project is a three train liquefaction project under construction near Corpus Christi, Texas. Each train is expected to have a nominal production capacity, which is prior to adjusting for planned maintenance, production reliability, and potential over design, of approximately 4.5 mtpa of LNG.

For more information, visit: www.cheniere.com

16th July 2018