October 26, 2015

...AND CHEAPER...:

Cheniere expects to ship first U.S. LNG export cargo in Jan (Florence Tan, Oct 26, 2015, Reuters) 

Cheniere Energy expects to start receiving natural gas to convert into super-chilled liquid fuel at its first U.S. LNG export terminal before the end of the year, with shipments to start in January, its chief executive said on Monday. [...]

Once Cheniere's first LNG plant starts up, the company will have a new production train starting up every six months until mid-2019, leaving it with seven total lines of gas liquefaction at its Sabine Pass project in Cameron Parish, Louisiana, and at another terminal in Corpus Christi, Texas.

The seven trains will account for almost half of the 65 million tonnes per year (tpy) of LNG export capacity under construction in the United States.

Cheniere has sold most of its 31.5 million tpy of LNG via long-term contracts, with about 4 million tpy remaining for sale in spot markets, Souki said.

Posted by at October 26, 2015 1:03 PM
  

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