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Cheniere's Sabine Pass LNG Plant Expansion Makes Headway

Cheniere

SUGAR LAND--July 1, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Last week marked important progress in Cheniere Energy's (NYSE:LNG) (Houston, Texas) project to build a fifth and sixth liquefaction train at its Sabine Pass liquefied natural gas (LNG) production terminal in Cameron Parish, Louisiana. The U.S. Federal Energy Regulatory Commission (FERC) rejected a challenge regarding the expansion project, and the U.S. Department of Energy issued its final authorization for Cheniere to export a large amount of natural gas.

Within this article: Details on progress at the facility, including planned construction, export capacity and financing.