Cheniere Expects Three New Trains by Mid-2019

Cheniere Energy CEO Jack Fusco reported earlier this month to analysts that it expects three more liquefaction trains (train five at Sabine and its first two at Corpus Christi, Texas) to come on line in 1H2019.

He gave its progress report in the following slide to analysts September 6, as part of a wider presentation to the Barclays CEO Energy Power conference.

Cheniere also detailed how the company's existing trains at Sabine Pass had loaded over 200 vessels in 2017 and about 150 in the year-to-date, bringing its production and exports to a total of over 400 LNG cargoes since its mid-2016 start up. It now has three liquefaction trains fully operating at Sabine Pass in Louisiana, with a fourth there "substantially completed", and plans shortly to introduce gas to the fifth.

Graphic credit: Cheniere Energy