NEWS
Cheniere files to expand Sabine LNG terminal
Houston, July 29 (LNG journal)
- Cheniere Energy Inc., the US liquefied natural gas company, said Friday that its Sabine Pass LNG affiliate has filed with the US Federal Energy Regulatory Commission to expand the capacity of its receiving terminal from 2.6 billion cubic feet per day to 4 billion cubic feet per day
Sabine Pass LNG received its go-ahead from the FERC authorizing the facility in December 2004 and commenced construction in March of this year. Start-up is scheduled for early 2008.
The Sabine Pass terminal is located in Cameron Parish, Louisiana . The facility is currently designed with regasification capacity of 2.6 Bcf/d, two unloading docks and three storage tanks to hold 10 Bcf of LNG. The expansion of the facility calls for construction of three additional tanks with another 10 Bcf of storage and 1.4 Bcf/d of additional regasification capacity.
The project's capacity holders are France 's Total LNG., with a reservation of 1 Bcf/d for 20 years, and Chevron, with a reservation of 700 million cubic feet per day for 20 years and the option to increase it to 1 Bcf/d by December 1, 2005.
Cheniere Energy is also developing its Gulf Coast LNG receiving terminals near Corpus Christi , Texas , which received its authorization from the FERC in March 2005, and another near the Creole Trail in Cameron Parish, Louisiana , for which Cheniere filed its application with the FERC in May 2005.
Cheniere also holds a 30 percent stake in Freeport LNG Development, which is building a receiving terminal in Freeport , Texas
