Cheniere Ready To Fire Up Corpus Christi LNG Export Terminal -- August 14, 2018

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Title : Cheniere Ready To Fire Up Corpus Christi LNG Export Terminal -- August 14, 2018
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Cheniere Ready To Fire Up Corpus Christi LNG Export Terminal -- August 14, 2018

Data points at Platts:

US LNG exports:
  • US LNG exports should surpass 4 Bcf/d  by the end of this year
  • with other facilities under construction, total US LNG exports should double, hit 8 Bcf/d by the end of 2019
 Update on projects:
  • first wave of LNG export developers
    • Corpus Christi: this will be Cheniere's second LNG export terminal; the first at Sabine Pass (Louisiana); Corpus ready to fire-up; be ready by end of year (2018)
      • Corpus Christi: construction ahead of schedule; a second train is being built; a third is being planned
      • Cheniere also working to commercialize a sixth liquefaction train at Sabine Pass; four trains currently operating at Sabine Pass adn a fifty one, like Train 1 at Corpus Christi, is expected to being producing LNG before the end of 2018
    • Dominion Energy and Cheniere had first two; Cheniere will be the country's third
      • will fire-up by end of year
    • delays at Freeport LNG and Cameron LNG; to come on line 2H19
    • KMI, Elba Island, Savannah, GA: 4Q18 and final units by 3Q19
  • second wave of LNG export developers: what next?
    • more than a dozen projects are being proposed
    • startups expected in early- to mid-2020s
    • many have struggled with long-term contracts with buyers
    • international trade disputes another problem
    • China said August 3 it may impose 25% tariffs on American cargoes of LNG if President Trump follows through on threat to expand tariffs on Chinese goods
  • pipelines
    • Cheniere's Midcontinent Supply Header Interstate Pipeline project
    • from Oklahoma's Anadaro Basin to the Gulf Coast
    • received its FERC permit certification earlier this week
Updates tracked here


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