On June 22nd of 2022, Cheniere Energy announced that its Board of Directors had made a positive Financial Investment Decision (“FID”) with respect to the 10+ million tonnes per annum of LNG Corpus Christi Stage 3 Liquefaction Project (“CCL Stage 3”) located in Texas.
It has issued full notice to proceed to Bechtel Energy Inc. (“Bechtel”) to continue construction on CCL Stage 3, which began earlier this year under limited notice to proceed.
Cheniere’s wholly-owned subsidiary, Cheniere Corpus Christi Holdings LLC closed on an amended and restated approximately $4 billion Senior Secured Term Loan due 2029. This is in addition to an amended, extended, and upsized $1.5 billion Working Capital Facility due 2027.
The personnel listed at the project is approx ~750.
Corpus Christi Stage 3 consists of up to seven “midscale” trains that would add approximately 10 mtpa of additional aggregate production capacity, bringing CCL’s total nominal capacity to approximately 25 mtpa.
This 1,000+ acre facility contains three liquefaction units, or trains, with a total capacity of 15 million tons per annum, enough energy to power a city of 2.5 million people for an entire day.
The first two LNG trains, along with the first two LNG tanks and wharf facilities, were completed in August 2019, while the third train and tank and a second berth were finished in March 2021.
Cheniere’s Corpus Christi Stage 3 expansion will include seven midscale trains powered by Chart Technology with motor-driven refrigeration compressors.