Cheniere receives FERC approval for Corpus Christi Stage 3 expansion

Corpus Christi Stage 3 is being developed for up to seven midscale liquefaction trains with total aggregate expected nominal production capacity of approximately 10 million tpy of LNG. The Corpus Christi Stage 3 site is adjacent to the three liquefaction trains operating or under construction at the Corpus Christi Liquefaction Project and, together, the two projects are expected to have a total nominal production capacity of approximately 25 million tpy.

Jack Fusco, Cheniere’s President and CEO, said: “We are pleased to receive regulatory approval from the FERC for Corpus Christi Stage 3, a critical milestone on the path to a positive final investment decision.

“Our continued progress on Corpus Christi Stage 3, including today’s regulatory approval and our continued commercial success, is a testament to the global competitiveness of the project and reinforces our confidence in our ability to expand our world scale liquefaction platform in Corpus Christi.”

According to the statement, Cheniere is expecting to make a positive final investment decision on Corpus Christi Stage 3 next year, subject to, among other things, entering into an engineering, procurement, and construction contract, obtaining additional commercial support for the project, and securing the necessary financing arrangements.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/22112019/cheniere-receives-ferc-approval-for-corpus-christi-stage-3-expansion/