Cheniere Announces Contracts for Corpus Christi Terminal Facilities
Cheniere Energy, Inc. announced that its wholly owned subsidiary, Corpus Christi Liquefaction, LLC (CCL) and Bechtel Oil, Gas and Chemicals, Inc. have entered into two lump sum turnkey contracts for the engineering, procurement, and construction of three LNG trains and related facilities at CCL’s proposed export terminal near Corpus Christi, Texas. Construction would begin in 2014 following a positive final investment decision on the project, which CCL expects to make in 2014. Operation of the first LNG train is expected to commence in 2018.