Cheniere Announces Substantial Completion of Train 3 at the Corpus Christi Liquefaction Project

March 29, 2021 

Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) announced today that Substantial Completion of Train 3 at the Corpus Christi liquefaction project was achieved on March 26, 2021. Commissioning is complete and Cheniere’s EPC partner Bechtel Oil, Gas and Chemicals, Inc. (“Bechtel”) has turned over care, custody, and control of Train 3 to Cheniere.

Cheniere, its subsidiaries, and Bechtel have now declared Substantial Completion on a total of eight liquefaction trains at the Corpus Christi liquefaction project and the Sabine Pass liquefaction project ahead of each train’s guaranteed completion date and within project budgets.

With the achievement of Substantial Completion, financial results of LNG sales from Train 3 going forward will be reflected in the statement of operations of Cheniere and its applicable affiliates.

Comments

Popular posts from this blog

Petrobras on P-80 construction contract

Centrica LNG cargo commissions the first private LNG terminal in Brazil

Eni sells to Mubadala Petroleum a 10% stake in the Shorouk concession, offshore Egypt