Cheniere Energy, Inc. has received approval from the U.S. Federal Energy Regulatory Commission to construct, and operate the Corpus Christi Stage 3 expansion project.
Corpus Christi Stage 3 is being developed for up to seven midscale liquefaction trains with total aggregate expected nominal production capacity of approximately 10 million tonnes per annum of LNG. The Corpus Christi Stage 3 site is adjacent to the three liquefaction Trains operating or under construction at the Corpus Christi Liquefaction Project, and together the two projects are expected to have a total nominal production capacity of approximately 25 mtpa.
“We are pleased to receive regulatory approval from the FERC for Corpus Christi Stage 3, a critical milestone on the path to a positive final investment decision,” said Jack Fusco, Cheniere’s President and CEO. “Our continued progress on Corpus Christi Stage 3, including today’s regulatory approval and our continued commercial success, is a testament to the global competitiveness of the project and reinforces our confidence in our ability to expand our world-scale liquefaction platform in Corpus Christi.”
Cheniere expects to make a positive final investment decision on Corpus Christi Stage 3 in 2020 subject to, among other things, entering into an engineering, procurement, and construction contract, obtaining additional commercial support for the project, and securing the necessary financing arrangements.
