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Cheniere targets Trains 3, 4 for 2017 completions

In a letter to FERC dated May 24, representing the Monthly Construction Progress Report to the agency, Cheniere Energy (ticker: LNG) reported its progress through April 2016 on Trains 1,2,3 and 4 at its Sabine Pass LNG project as follows:

“Actual project progress supports the achievement of substantial completion for Trains 1 and 2 by late May 2016 and September 2016, respectively.

Cheniere Energy - Oil & Gas 360 - Sabine Pass Train 3 - source: Cheniere

Cheniere Energy – Oil & Gas 360 – Sabine Pass Train 3 – source: Cheniere

“Trains 3 and 4 targeted substantial completion dates are April 2017 and August 2017, respectively, with schedule recovery expected in the summer of 2016 as labor resource is transitioned from Stage 1 onto Stage 2.”

The letter also reported that “Train 1 successfully completed the performance test in early April. The remaining work in Train 1 is primarily punch list work off; substantial completion is projected to be achieved in May.

“Train 2 continued with pipe pressure testing, air blows, and restoration. Mechanical runs for the LNG compressors were completed. The current schedule progress forecasts Train 2 first cargo in mid-August and substantial completion at the end of September.”

The report may be downloaded here.


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