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    FERC backs Cheniere's Third Texas Train

Summary

Cheniere Energy has further expansions in the works.

by: Daniel Graeber

Posted in:

Complimentary, Natural Gas & LNG News, Americas, Liquefied Natural Gas (LNG), Political, Regulation, United States

FERC backs Cheniere's Third Texas Train

A US federal regulator told LNG exporter Cheniere Energy on March 25 it could put a third liquefaction train into service at its facility in Texas.

In a statement, Andrew Kohout, the director of LNG reviews at the Federal Regulatory Commission (FERC), said he approved the February 10 request “for liquefaction and export activities from train 3.”

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Operated by Cheniere, its Corpus Christi liquefaction facility can process 10mn mt/yr of LNG from the first two trains.

Cheniere had no statement on the FERC decision. In announcing its fourth quarter earnings, the company said it entered into mid-term LNG sales agreements during the quarter for a total of 4mn mt/yr over periods ranging from four to 11 years. The third train at Corpus Christi was technically commissioned on February 19 in a test capacity “and the project remains on track to achieve substantial completion in first quarter 2021,” the company said.

As of February 19, the had company delivered 1,425 cargoes of LNG for a cumulative 95mn mt from its two liquefaction projects, Sabine Pass LNG in Louisiana and Corpus Christi Liquefaction in Texas.

At Sabine Pass, five trains totalling 25mn mt/yr of liquefaction capacity are operating, while a sixth 5mn mt/yr train is under construction, with substantial completion expected in the second half of next year.

A 10mn mt/yr expansion at Corpus Christi, consisting of seven mid-scale trains, is fully permitted but awaiting an engineering, procurement and construction contract, additional commercial agreements and the conclusion of adequate financing arrangements.