Cheniere still expects to launch sixth Sabine Pass train this year

US LNG exporter Cheniere still expects to launch the sixth production train at its Sabine Pass plant in Louisiana by the end of this year. The firm also sees substantial completion of the unit about a year before than planned.

The 25 mtpa Sabine Pass plant has five operational trains and is currently the largest such facility in the US.

Bechtel is building the sixth train which will add 5 mtpa of capacity to the facility. In total, this is the ninth train the engineering giant is building for Cheniere, including the Corpus Christi plant where Bechtel recently handed over the third train.

Cheniere said in its first-quarter report it now expects substantial completion of Train 6 in the first half of 2022.

This means that the firm now expects Bechtel to complete the train one year ahead of the original schedule as it previously also moved the estimate from the first half of 2023 to the second half of 2022.

Commissioning to start this year

“I’d like to say, we have figured out how to stick build these trains faster and better than probably anywhere else in the world. And it is way ahead of accelerated schedule probably close to a year ahead,” Cheniere’s chief executive Jack Fusco told analysts during the company’s quarterly earnings call on Tuesday.

“So I would expect that barring decent weather because we are about ready to head into the hurricane season again, which seems almost never-ending anymore. But baring decent weather, we’ll be producing LNG and commissioning on that train before the end of the year,” he said.

Fusco said earlier this year the company had expected to launch the sixth train this year.

In the first quarter, Cheniere’s revenue increased to $3.09 billion from $2.71 billion a year earlier.

Consolidated adjusted Ebitda rose 40 percent to $1.45 billion primarily due to increased margins while net income increased 5 percent to $393 million, Cheniere has said.

Most Popular

CoolCo seeks long-term employment for two LNG carriers

In August, Coolco said it plans to employ its first newbuild LNG vessel, Kool Tiger, on a shorter deal...

BP, partners take FID on $7 billion Tangguh UCC project

BP said in a statement on Thursday the Tangguh Ubadari, CCUS, compression project (UCC) has the potential to unlock...

LNG Canada pipeline enters commercial service

Canada's TC Energy said on Tuesday CGL had executed a commercial agreement with LNG Canada and CGL customers that...

More News Like This

Corpus Christi LNG expansion project 73.2 percent complete

Cheniere’s Corpus Christi plant currently liquefies natural gas at three operational trains, each with a capacity of about 5...

Cheniere sets methane emissions target for its LNG terminals

US LNG exporting giant Cheniere said it had set a voluntary, measurement-informed scope 1 annual methane intensity target for...

Cheniere CEO: Corpus Christi expansion project to get first gas in coming weeks

Cheniere’s Corpus Christi plant in Texas currently liquefies natural gas at three operational trains, each with a capacity of...

Cheniere boosts LNG shipments in January-September

The owner of the Sabine Pass and Corpus Christi LNG export terminals said on Thursday that its revenue reached...