U.S. Authorities Approve Natural Gas Export Plant
Thursday, April 19, 2012
U.S. regulators approved Cheniere Energy’s plan to build an export plant for liquefied natural gas (LNG) at Sabine Pass, Louisiana, U.S.A.
Cheniere Energy, a Texas, U.S.A-based company, said it plans to begin construction before July, with the plant expected to be operational by 2015. The Federal Energy Regulatory Commission (FERC) made the approval.
Once completed, the plant, which will be built in two stages, will allow Cheniere to export up to 2.2 Bcfd (62.3 X 106 m3/d) of natural gas, or about 16 million tons (14.5 million tonnes) per year of LNG from the area.
The move has already generated interest among its customers. Cheniere said customers from Europe, India and South Korea have signed long-term supply deals.
For more information: www.cheniere.com