Cheniere to go ahead with Texas Corpus Stage 3 LNG export plant
June 22 (Reuters) — U.S. liquefied natural gas (LNG) company Cheniere Energy Inc (LNG.A) decided on Wednesday to proceed with a $8 billion expansion of its Corpus Christi export plant in Texas and told Bechtel Energy to continue with construction of the project.
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.