Key developments: Trains 1 and 2
Construction started in August 2012. According to Cheniere Energy Partners’ (CQP) March presentation, both of the trains were ~83% complete “ahead of the contractual schedule.” Cheniere Energy Partners expects Train 1 to come online later this year.
Key developments: Train 3 and 4
Construction started in May 2013. According to the March presentation, both of the trains were ~57% complete. Cheniere Energy Partners expects Train 3 to come online in late 2016. It expects Train 4 to come online in late 2017.
Key developments: Train 5 and 6
Regarding Train 5 and 6, the company said, “We will contemplate making a final investment decision to commence construction of Train 5 and Train 6 based on, among other things, entering into engineering, procurement and construction (“EPC”) contracts, entering into acceptable commercial arrangements, receiving all regulatory approvals and obtaining financing.”
In its March presentation, the company also noted that it received authorization from the DOE (U.S. Department of Energy) to export 503 Bcf (billion cubic feet) per year of LNG (liquefied natural gas) volumes from Trains 5 and 6 to FTA (free trade agreement) countries. Non-FTA authorization is still pending.
Through its Sabine Pass liquefaction project, located at its Sabine Pass LNG terminal, Cheniere Energy Partners is developing a LNG export terminal that will house six LNG liquefaction trains. Each train will have a production capacity of ~4.5 million tonnes per annum of LNG. Trains 1–4 are under construction. Trains 5 and 6 are still being developed. The first train is forecast to start operations in 2015.
Cheniere Energy Partners’ parent company, Cheniere Energy (LNG), is developing another LNG terminal—the Corpus Christi Terminal.