Cheniere Partners announce progress at the Sabine Pass liquefaction project
Published by Will Owen,
Editor
LNG Industry,
Cheniere Energy Partners, L.P. has announced that substantial completion of Train 4 of the Sabine Pass liquefaction project in Cameron Parish, Louisiana (SPL Project) was achieved on 9 October 2017.
Commissioning has been completed and Cheniere Partners' EPC partner Bechtel Oil, Gas and Chemicals, Inc. (Bechtel) has turned over care, custody, and control of Train 4 to Cheniere Partners.
Under a sale and purchase agreement (SPA) with GAIL (India) Limited, the date of first commercial delivery for Train 4 of the SPL Project is expected to occur in March 2018, upon which the SPA's 20-year term commences.
Over the last 17 months, Cheniere Partners and Bechtel have declared Substantial Completion on four liquefaction trains at Sabine Pass. With the achievement of Substantial Completion, financial results of LNG sales from Train 4 going forward will be reflected in the statement of operations of Cheniere Partners and its affiliates.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/13102017/cheniere-partners-announce-progress-at-the-sabine-pass-liquefaction-project/
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