Cheniere Energy, Inc. (NYSE American: LNG) (Cheniere), is a Houston-based energy company primarily engaged in LNG-related businesses. Through its subsidiaries, Cheniere owns and operates two natural gas liquefaction and export facilities located in Cameron Parish, Louisiana at Sabine Pass and near Corpus Christi, Texas (respectively, the “Sabine Pass LNG Terminal” and “Corpus Christi LNG Terminal”). Cheniere is also engaged in the LNG and natural gas marketing business through its subsidiary, Cheniere Marketing, LLC (together with its subsidiaries, “Cheniere Marketing”).
Cheniere’s subsidiary, Cheniere Energy Partners, L.P. (NYSE American: CQP) (Cheniere Partners) owns the Sabine Pass LNG Terminal which has natural gas liquefaction facilities consisting of six operational Trains for a total production capacity of approximately 30 mtpa of LNG (the “SPL Project”). The Sabine Pass LNG Terminal also has operational regasification facilities that include five LNG storage tanks, vaporizers and two marine berths, with an additional marine berth that is under construction. Cheniere Partners also owns the Creole Trail Pipeline, a 94-mile pipeline that interconnects the Sabine Pass LNG Terminal with a number of large interstate pipelines. As of June 30, 2022, Cheniere owned 100% of the general partner interest and a 48.6% limited partner interest in Cheniere Partners.
The Corpus Christi LNG Terminal currently has three operational Trains for a total production capacity of approximately 15 mtpa of LNG, three LNG storage tanks and two marine berths. Cheniere is constructing an expansion of the Corpus Christi LNG Terminal (the “Corpus Christi Stage 3 Project”) for seven midscale Trains with an expected total production capacity of over 10 mtpa of LNG. Through our wholly-owned subsidiary Cheniere Corpus Christi Pipeline, L.P., Cheniere also owns a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG Terminal with several interstate and intrastate natural gas pipelines (the “Corpus Christi Pipeline” and together with the existing operational Trains, midscale trains, storage tanks and marine berths, the “CCL Project”).
Cheniere has increased available liquefaction capacity at the SPL Project and the CCL Project as a result of debottlenecking and other optimization projects. Cheniere and its subsidiaries hold significant land positions at both the Sabine Pass LNG Terminal and the Corpus Christi LNG Terminal, which provide opportunity for further liquefaction capacity expansion. The development of these sites or other projects, including infrastructure projects in support of natural gas supply and LNG demand, will require, among other things, acceptable commercial and financing arrangements before Cheniere makes a positive FID.
Cheniere’s vision is to provide clean, secure and affordable energy to the world. Cheniere is committed to the responsible and proactive management of its most important ESG impacts, risks and opportunities, and Cheniere’s Climate and Sustainability Principles underpin the strategic, collaborative approach across Cheniere’s operations and across the entire LNG value chain. More information regarding Cheniere’s efforts and achievements in terms of ESG can be found here.
Oil & Gas - Midstream
Pipeline Transportation of Natural Gas (486210)
Natural Gas Distribution (4924)