“Ahead of schedule and on budget” is how global LNG leaders describe the latest project update in Corpus Christi.
Cheniere Energy, Inc. leaders said Substantial Completion of Train 1 at the Corpus Christi Stage 3 Liquefaction Project was achieved March 16.
“The substantial completion of the first train of CCL Stage 3 – ahead of schedule and on budget – marks another important milestone for Cheniere and further builds upon the track record of excellence in execution consistently delivered by the Cheniere and Bechtel teams,” said Jack Fusco, Cheniere’s President and Chief Executive Officer.
Commissioning is complete and Cheniere’s engineering, procurement and construction partner, Bechtel Energy, Inc. turned over care, custody, and control of Train 1 and associated systems to Cheniere.
“We remain focused on safely and efficiently bringing the remaining CCL Stage 3 trains online ahead of schedule, providing much-needed new LNG supply to the global market, and creating long-term value for our stakeholders by growing the Corpus Christi platform with disciplined, brownfield growth,” Fusco said.
With the achievement of Substantial Completion, financial results from liquefied natural gas sales from Train 1 going forward will be reflected in the statement of operations of Cheniere and its applicable affiliates.
Full notice to proceed on CCL Stage 3 was issued to Bechtel by Cheniere in June 2022, with first LNG production from Train 1 achieved in December 2024 and the first cargo loaded in February of this year.
CCL Stage 3 consists of seven midscale trains, with an expected total production capacity of over 10 million tonnes per annum (“mtpa”) of LNG.
As of Jan. 31, overall project completion for CCL Stage 3 was 78.3 percent, which reflects engineering 97.6 percent complete, procurement 97.2 percent complete, subcontract work 88.8 percent complete and construction 45.5 percent complete.
Upon substantial completion of all seven trains of CCL Stage 3, the expected total production capacity of the Corpus Christi liquefaction facility will be over 25 mtpa of LNG.
About Cheniere
Cheniere Energy, Inc. is the leading producer and exporter of LNG in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery.
