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Sabine Pass LNG facility to shut down for maintenance in September

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LNG Industry,

According to Reuters, Cheniere Energy’s Sabine Pass LNG export facility is scheduled to shut down for maintenance work during September 2016. The exact timing of the shutdown has not yet been agreed, according to one source.

The plant, which is located on the US Gulf of Mexico, commenced start up operations in February 2016, and has since exported 17 LNG cargoes. It is capable of producing approximately 4.5 million tpy of LNG just from Train 1.

Since March 2016, Reuters claims that the price of spot LNG cargoes has increased to approximately US$5.75/million Btu. This, it claims, is largely due to the rising price of oil and outages in Australia.

Reuters also claims that the second train at the Sabine Pass facility is expected to commence service by the end of August 2016.

Edited from various sources by David Rowlands

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