Page 13 - NorthAmOil Week 09 2023

NorthAmOil PROJECTS & COMPANIES NorthAmOil

Cheniere to expand LNG

exports from Sabine Pass

LOUISIANA SUBSIDIARIES of Cheniere Energy are taking industry critical to supplying reliable, flexible
steps to expand LNG exports from the Sabine and cleaner-burning natural gas to markets
Pass Liquefaction (SPL) project in Cameron and customers around the world, and we look
Parish, Louisiana. forward to significantly growing those capabil-
Cheniere is developing the Stage 5 expansion ities through the SPL expansion project,” said
project adjacent to the existing facility. Cheniere’s chairman, president and CEO, Jack
The expansion will consist of up to three Fusco.
large-scale natural gas liquefaction trains with In February, Cheniere initiated the pre-filing
an expected total production capacity of around review process with the Federal Energy Regula-
20mn tonnes per year (tpy), a boil-off-gas re-liq- tory Commission (FERC).
uefaction unit with a production capacity of The Sabine Pass facility consists of six lique- In February,
roughly 0.75mn tpy, and two 220,000 square faction trains, with a total production capacity of
metre LNG storage tanks. around 30mn tpy of LNG. Cheniere initiated
The expansion project is being designed with As of February 17, Cheniere reported that
accommodations for waste heat recovery as well around 1,990 cumulative LNG cargoes totalling the pre-filing
as carbon capture from acid gas removal units. over 135mn tonnes of LNG had been produced,
The expansion is expected to benefit from the loaded and exported from the plant. review process
significant existing infrastructure at the Sabine In February and October 2022 respectively with the Federal
Pass facility. It will include optimised ship-load- Cheniere achieved substantial completion on
ing at the existing marine facilities. Feed gas Train 6 of the project and on its third marine Energy Regulatory
related to the expansion project is likely to be berth.
transported via a combination of new and exist- In its 2022 results, the company reported Commission.
ing pipelines. net income and consolidated adjusted earn-
Cheniere Partners has engaged Bechtel ings before interest, taxes, depreciation and
Energy to complete a front-end engineering and amortisation (EBITDA) for the three and
design (FEED) study of the expansion project. twelve months up to December 31, 2022, as
Bechtel was the contractor for the initial Sabine having been positively affected by the recog-
Pass liquefaction project, as well as the import nition of a $765mn lump-sum payment made
plant originally built at the site before shale gas by Chevron.
production turned the US into an exporter of This covered the six months up to Decem-
LNG. ber 31, and related to the previously announced
“As the first and largest LNG export facility early termination of a terminal use agreement
in the Lower 48, Sabine Pass has pioneered an between Sabine Pass LNG and Chevron.™

Week 09 02•March•2023 www. NEWSBASE .com P13