Cheniere Ready To Fire Up Corpus Christi LNG Export Terminal -- August 14, 2018

Data points at Platts:

US LNG exports:

• US LNG exports should surpass 4 Bcf/d  by the end of this year
• with other facilities under construction, total US LNG exports should double, hit 8 Bcf/d by the end of 2019

 Update on projects:

• first wave of LNG export developers
• Corpus Christi: this will be Cheniere's second LNG export terminal; the first at Sabine Pass (Louisiana); Corpus ready to fire-up; be ready by end of year (2018)
• Corpus Christi: construction ahead of schedule; a second train is being built; a third is being planned
• Cheniere also working to commercialize a sixth liquefaction train at Sabine Pass; four trains currently operating at Sabine Pass and a fifth one, like Train 1 at Corpus Christi, is expected to being producing LNG before the end of 2018
• Dominion Energy and Cheniere had first two; Cheniere will be the country's third
• will fire-up by end of year
• delays at Freeport LNG and Cameron LNG; to come on line 2H19
• KMI, Elba Island, Savannah, GA: 4Q18 and final units by 3Q19
• second wave of LNG export developers: what next?
• more than a dozen projects are being proposed
• startups expected in early- to mid-2020s
• many have struggled with long-term contracts with buyers
• international trade disputes another problem
• China said August 3 it may impose 25% tariffs on American cargoes of LNG if President Trump follows through on threat to expand tariffs on Chinese goods
• pipelines
• Cheniere's Midcontinent Supply Header Interstate Pipeline project
• from Oklahoma's Anadaro Basin to the Gulf Coast
• received its FERC permit certification earlier this week

Updates tracked here.