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Cheniere’s results from the third quarter of 2015 highlight Sabine Pass progression

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LNG Industry,

Cheniere has released its results from the third quarter of 2015, including an update on the Sabine Pass liquefaction project in the US.

In the statement, Cheniere announced: “Cheniere Partners continues to make progress on its Sabine Pass liquefaction project, which is being developed for up to six natural gas liquefaction trains, each with an expected nominal production capacity of approximately 4.5 million tpy of LNG.”

More specifically, the statement claims that construction on the first two trains began in August 2012 and that by 30 September 2015, they were 95.2% complete, and were thus ahead of project schedule. Train 1 is now expected to produce LNG before 2016.

The report also claims that construction on trains 3 and 4 was 73.6% complete by September 2015. The construction process for these trains began in May 2013.

The US Federal Energy Regulatory Commission (FERC) permitted construction and operation of trains 5 and 6 in April 2015. In addition to this, in June 2015, the US Department of Energy (DOE) authorised Cheniere to export LNG to non-free trade agreement nations.

Construction on train 5, however, only began on 30 June 2015, and so operations are not expected to be underway until 2018. Furthermore, Cheniere claims that it will begin construction on train 6 once it has agreed to an acceptable commercial arrangement and has received sufficient financing.

Edited from press release by David Rowlands

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