Cheniere Completes Train 1 at Corpus Christi Project

Cheniere Energy, in cooperation with Bechtel Energy, substantially completed and commissioned Train 1 at the Corpus Christi Stage 3 Liquefaction Project (CCL Stage 3), obtaining care, custody, and control for the completed asset. As of late January 2025, the overall CCL Stage 3 project completion was 78.3%, reflecting:

• Engineering 97.6% complete
• Procurement 97.2% complete
• Subcontract work 88.8% complete
• Construction 45.5% complete

CCL Stage 3 consists of seven midscale liquefaction trains, with an expected total production capacity of over 10 MTPA of LNG. Once substantial completion is finished for all seven trains, the facility’s projected total production capacity will be over 25 MTPA of LNG. Cheniere issued Bechtel full notice to proceed on CCL Stage 3 in June 2022, with first LNG production from Train 1 achieved in December 2024 and the first cargo loaded in February 2025.

“The substantial completion of the first train of CCL Stage 3 - ahead of schedule and on budget - marks another important milestone for Cheniere and further builds upon the track record of execution delivered by the Cheniere and Bechtel teams,” said Jack Fusco, Cheniere’s President and Chief Executive Officer. “We remain focused on safely and efficiently bringing the remaining CCL Stage 3 trains online ahead of schedule, providing much-needed new LNG supply to the global market, and creating long-term value for our stakeholders by growing the Corpus Christi platform with brownfield growth.”

With substantial completion achieved, Cheniere and affiliates will reflect LNG sales from Train 1 in their statement of operations.

More Cheniere News

In November 2024, Cheniere voluntarily set a measurement-supported Scope 1 annual methane-intensity target for its LNG liquefaction facilities: The company will maintain a methane-emissions intensity of 0.03% per ton of produced LNG across two Gulf Coast liquefaction facilities by 2027. The target leverages data from its quantification, monitoring, reporting, and verification projects, which include data from approximately 50 aerial measurements at liquefaction facilities conducted over a 16-month timeframe.

Cheniere’s general climate strategy uses a data- and science-based approach to identify and execute potential emissions reduction opportunities. It partners with suppliers in the LNG value chain, scientific experts, academic institutions, and customers to inform, understand, and improve the characterization of emissions performance and establish mitigation strategies across the supply chain. In addition, Cheniere’s emissions goal aligns with “Gold Standard” status under the United Nations Environment Program’s Oil & Gas Methane Partnership 2.0.

In August 2024, Cheniere Marketing, a subsidiary of Cheniere Energy, signed a long-term LNG sale and purchase agreement (SPA) with Galp Trading. Under the SPA, Galp will purchase approximately 0.5 mtpa of LNG for 20 years on a free-on-board basis—the purchase price is indexed to the Henry Hub with a fixed liquefaction fee. LNG deliveries, expected to begin in early 2030s, are subject to a positive FID on the second train (Train Eight) at the Sabine Pass Liquefaction Expansion Project (SPL Expansion Project). Galp will purchase a limited number of early LNG cargoes before Train Eight commences operation.

In February 2024, select subsidiaries of Cheniere Energy Partners applied to the Federal Energy Regulatory Commission to site, build, and operate the SPL Expansion Project. They also sent an application to the Department of Energy, requesting authorization to export LNG to Free-Trade Agreement (FTA) and non-FTA countries. The SPL Expansion Project is being developed for up to 20 mtpa of LNG capacity.