Cheniere tells Bechtel to begin building Train 5 of Sabine Pass LNG
Cheniere Energy has made a positive final investment decision (FID) with respect to Train 5 of the Sabine Pass liquefaction project in Cameron Parish, Louisiana, the company announced on Wednesday.
As such, Cheniere has issued a notice to proceed with construction to Bechtel Oil, Gas and Chemicals. The Sabine Pass project is being designed for up to six liquefaction trains, each with nominal production capacity of approximately 4.5 MMtpy.
Train 5 is expected to commence operations as early as 2018.
"We now have five liquefaction trains under construction at Sabine Pass, with Train 1 expected to make first LNG later this year. We expect to reach FID on Train 6 at Sabine Pass upon completion of commercial contracts and arranging financing, as all necessary regulatory approvals have been received," said Charif Souki, CEO of Cheniere.
Cheniere Partners owns 100% of the Sabine Pass LNG terminal located on the Sabine Pass deep-water shipping channel less than four miles from the Gulf Coast.
The Sabine Pass LNG terminal includes existing infrastructure of five LNG storage tanks with capacity of approximately 16.9 billion cubic feet equivalent (Bcfe), two docks that can accommodate vessels with nominal capacity of up to 266,000 cubic meters and vaporizers with regasification capacity of approximately 4.0 Bcf/d.
Cheniere is developing natural gas liquefaction facilities at the Sabine Pass LNG terminal adjacent to the existing regasification facilities. Cheniere says it plans to construct over time up to six liquefaction trains, which are in various stages of development.
Each liquefaction train is expected to have a nominal production capacity of approximately 4.5 MMtpy. The overall project completion percentage of Trains 1 and 2 is approximately 90.8% as of May 31, 2015, while the overall project completion percentage of Trains 3 and 4 is approximately 67.7%.
Cheniere has also received all regulatory approvals to construct and operate Train 6.
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