FERC Approves Corpus Christi LNG Stage 3 Expansion

Cheniere Energy announced yesterday the company has received approval from the U.S. Federal Energy Regulatory Commission to site, 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. Together the two projects are expected to have a total nominal production capacity of approximately 25 mtpa according to Cheniere.

“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 entering into an EPC contract, obtaining additional commercial support for the project, and securing the necessary financing arrangements.