Cheniere Energy Inc., Houston, made final investment decision on Train 3 at its Corpus Christi, Tex. liquefaction project (CCL project), marking the first FID on new liquefaction capacity in the US since 2015, the company said (OGJ Online, Jun. 11, 2015).
Bechtel Oil, Gas & Chemicals Inc. will continue construction, which began in late 2017.
Amended credit facilities of Cheniere subsidiary Cheniere Corpus Christi Holdings LLC will be used to fund portion of the costs of developing, constructing, and placing into service Trains 1, 2, and 3 and associated pipeline and other infrastructure at or near the CCL project, and for related business purposes. Total commitments under the facilities were increased to $6.1 billion on May 22.
Each train in the three-train CCL project is expected to have a nominal production capacity, which is prior to adjusting for planned maintenance, production reliability, and potential overdesign of 4.5 million tonnes/year of LNG.