According to the statement, commissioning has been completed and Cheniere Partners’ EPC partner Bechtel Oil, Gas and Chemicals Inc. has turned over care, custody and control of Train 5 to Cheniere Partners.
Under the sale and purchase agreements (SPAs) with Centrica plc and Total Gas & Power North America Inc., the date of the first commercial delivery is expected to occur in August this year. At this point, the terms of each of these SPAs will begin.
Cheniere Partners and Bechtel have now declared substantial completion of five liquefaction trains at the Sabine Pass liquefaction project ahead of each train’s guaranteed completion date and within project budgets. With the achievement of substantial completion, Cheniere claims that financial results of LNG sales from Train 5 going forward will be reflected in the statement of operations of Cheniere Partners and its applicable affiliates.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/08032019/train-5-of-sabine-pass-achieves-substantial-completion/
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