The Substantial Completion of Train 1 of the Corpus Christi liquefaction project was achieved on February 28, 2019, say Cheniere Energy, Inc. and Bechtel Oil, Gas and Chemicals, Inc. Commissioning is complete and Bechtel has turned over care, custody, and control of Train 1 to Cheniere.
“Train 1 at Corpus Christi has achieved Substantial Completion, becoming the first liquefaction train placed into operation at a greenfield liquefaction facility in the lower 48 states,” said Jack Fusco, President and CEO of Cheniere. “This momentous achievement was made possible by Cheniere’s professionals and our EPC partner, Bechtel, who worked diligently together to ensure a seamless transition from construction to operations. I’d like to thank the Cheniere team and Bechtel for their world class execution, which has enabled us to continue our impeccable record of bringing trains online safely, ahead of schedule, and within budget.”
Under sale and purchase agreements (SPAs) with Endesa S.A. and PT Pertamina (Persero), the date of first commercial delivery is expected to occur in June 2019, upon which the term of each of these SPAs commences. Additionally, bridging volumes are expected to begin in June 2019 under an SPA with Iberdrola, S.A.
With the achievement of Substantial Completion, financial results of LNG sales from Train 1 going forward will be reflected in the statement of operations of Cheniere and its applicable affiliates.
For more information visit www.cheniere.com