U.S. LNG company Cheniere Energy on Feb. 7 said it had finished construction of a sixth liquefaction unit at its Sabine Pass LNG export plant in Louisiana, paving the way for higher commercial exports.
Contractor Bechtel Group on Feb. 4 finished building the sixth LNG processing train ahead of schedule and within budget, the companies said. The work began in June 2019.
Completion brings total production capacity at its Sabine Pass facility to about 30 million tonnes per annum (mtpa) of LNG. Cheniere's other LNG plant, in Corpus Christi, Texas, produces another 15 mtpa.
“Demand has really picked up,” Cheniere CEO Jack Fusco told Reuters. “It creates a huge opportunity for us.”
Since Jan. 1, the company has sent about 50 LNG tankers, or 70% of its total shipments, to Europe, Fusco said. “There are still 18 in the water today,” Fusco said.
Cheniere this year could make a final investment decision on a proposed expansion to its Corpus Christi facility that would boost its production capacity by more than 10 mtpa.
Bechtel has completed construction of nine trains in nine years for Cheniere despite Hurricane Harvey, the COVID-19 pandemic and supply chain disruptions, Bechtel CEO Brendan Bechtel said.
Recommended Reading
Natural Gas Storage Moves Closer to Average
2024-10-17 - Producers put 76 Bcf of natural gas into U.S. storage—a little less than market expectations—as the traditional storage season nears an end and prices continue to fall.
Marcellus Waiting to Exhale But Held Back by Regional, Economic Factors
2024-11-06 - After years of exploitation as one of the country’s first unconventional shale plays, the Marcellus still has plenty of natural gas for producers, even if regional and economic factors have kept much of it bottled up.
EIA Reports Natural Gas Storage Jumped 58 Bcf
2024-09-19 - The weekly storage report, released Sept. 19, showed a 58 Bcf increase from the week before, missing consensus market expectations of 53 Bcf, according to East Daley Analytics.
EPA Gives OK to Texas GulfLink Deepwater Port
2024-11-04 - Sentinel Midstream’s Texas GulfLink project is one of several proposals for an offshore oil terminal in the Gulf.
Kissler: Wildcards That Could Impact Oil, Gas Prices in 2025
2024-11-26 - Geopolitics and weather top the list of trends that will determine the direction of oil and gas.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.