Cheniere Will Invest $2.9 Billion to Expand Texas Natural Gas Export Plant
Liquefied natural gas exporter Cheniere Energy Inc. plans to spend $2.9 billion on the next expansion trains at its Texas facility in Corpus Christi.
The final investment decision announced Tuesday by the Houston-based company gives the green light for a facility of more than 30 million metric tons a year. Cheniere was a pioneer in natural gas exports at the start of the shale gas boom, becoming the first company to reverse its import terminal in Louisiana almost a decade ago to ship LNG.