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
BP Energy Outlook: Oil Demand Diminishes, NatGas, LNG a Wildcard
2024-07-16 - BP’s energy outlook presents a view at current trends for energy use through 2025 and a net zero case, which would require a history-defying shift from adding fuel sources to substituting them.
Beryl Makes Landfall East of U.S.’ Largest Energy Export Gateway Corpus Christi
2024-07-08 - Tropical storm Beryl made landfall in Texas as a Category 1. Life-threatening storm surges are expected to continue along the coast of Texas from Port O’Connor to Sabine Pass, including the eastern portion of Matagorda Bay and Galveston Bay, according to the National Hurricane Center.
What's Affecting Oil Prices This Week? (July 8, 2024)
2024-07-08 - During third-quarter 2024, Stratas Advisors are forecasting that the price of Brent crude will average $87.90 and the price of WTI will average $82.37.
Oil, Gas Industry Braces for Storm After Beryl Shifts Toward Houston
2024-07-07 - Chevron and Shell have evacuated offshore platforms as Tropical Storm Beryl could grow into a Category 2 hurricane when it makes landfall in the Houston area on July 8.
Port of Corpus Christi Closes as Tropical Storm Beryl Approaches
2024-07-07 - Port closures could temporarily halt crude oil exports, shipments of crude oil to refineries and motor fuels from those plants.
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.