Wedoany.com Report-Mar 12, U.S. regulators have approved the expansion of Cheniere Energy's (LNG.N),Corpus Christi liquefied natural gas plant in Texas, a Cheniere executive said on Tuesday.
A tree decorates the lounge of Houston-based liquefied natural gas company Cheniere during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023.
The Federal Energy Regulatory Commission approved construction of the company's Midscale trains 8 and 9 project, the company's Chief Commercial Officer Anatol Feygin said at an industry conference in Houston.
Cheniere is the largest U.S. LNG producer and played a key role in the U.S. becoming the world's largest exporter of the superchilled gas.
The addition of the two production trains is expected to add another 3 million metric tonnes per annum of LNG to Cheniere's production at its Corpus Christi, Texas, plant. The plant's current capacity is 15 million metric tonnes per annum.
Cheniere is also building its Stage 3 expansion at the Corpus Christi site. Stage 3 will add a further 10 million metric tonnes per annum.
Cheniere applied to FERC in March 2023 for approval to build its Midscale expansion and the approval was granted on Monday, Feygin said.
FERC approval is needed to construct LNG plants in the U.S.