Corpus Christi LNG Terminal

From Global Energy Monitor
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.
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Corpus Christi LNG is an export LNG terminal in Corpus Christi, Texas, United States. An expansion to the terminal is under construction.

Location

The undated satellite photo below shows the LNG export terminal site located on the La Quinta Channel in San Patricio County. It is anticipated the terminal would be primarily supplied by reserves from the Eagle Ford Shale, located approximately sixty miles northwest of Corpus Christi, Texas.[1]

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Project Details, Train 1

  • Owner: Cheniere Energy
  • Location: Corpus Christi, Texas, United States
  • Coordinates: 30.366324, -81.626135 (exact)
  • Capacity: 4.5 mtpa (9 mtpa total between trains 1 and 2)[2]
  • Status: Operating
  • Type: Export
  • Trains: 1
  • Start Year: 2018[3]
  • Financing: A loan of US$8.4 billion was provided for construction of Trains 1 and 2 by a consortium comprising Korea Development Bank and 30 international private banks[4]

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Project Details, Train 2

  • Owner: Cheniere Energy
  • Location: Corpus Christi, Texas, United States
  • Coordinates: 30.366324, -81.626135 (exact)
  • Capacity: 4.5 mtpa (9 mtpa total between trains 1 and 2)[2]
  • Status: Operating[5]
  • Type: Export
  • Trains: 1
  • Start Year: 2019[5]

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

Corpus Christi LNG was originally planned as an LNG Import Terminal and 23 miles of 48-inch pipeline, approved by FERC in April 2005.[6]

On December 16, 2011, Cheniere Energy, Inc. announced that its wholly owned subsidiary, Corpus Christi Liquefaction, LLC, was developing an LNG export terminal at the site, which was previously permitted for a regasification terminal. The proposed liquefaction project (Corpus Christi Project) is being designed for up to 13.5 million tonnes per annum (mtpa). Cheniere has initiated FERC's National Environmental Policy Act (NEPA) pre-filing review. The company plans for the first "trains," or facilities where gas will be liquefied, to be in operation in 2018.[1]

On March 25, 2013, UK energy company Centrica agreed to pay £10bn (US $15bn) over 20 years for 89bn cubic feet of gas annually from Cheniere. The first deliveries, by tanker, are expected in 2018.[7]

Expansion Project Details, Train 3

  • Owner: Cheniere Energy
  • Location: Corpus Christi, Texas, United States
  • Coordinates: 30.366324, -81.626135 (exact)
  • Capacity:
  • Status: Construction[8]
  • Type: Export
  • Trains: 1[8]
  • Start Year: 2021[5]
  • Financing: A loan of US$6.1 billion was provided for construction by a consortium comprising Korea Development Bank, 40 international private banks and undisclosed others[4]

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Timeline, Train 3

As of February 2020, the timeline had been updated to:[8]

  • August 31, 2012 – Filed FERC Application
  • October 8, 2014 – Issuance of Environmental Impact Statement
  • December 30, 2014 – Issuance of FERC order
  • December 31, 2014 – File Initial Implementation Plan
  • May 13, 2015 – Commence Construction on Trains 1 - 2
  • March 1, 2019 – Train 1 In Service
  • August 2019 – Train 2 In Service
  • 2021 – Train 3 Expected In Service

Expansion Project Details, Stage 3

  • Owner: Cheniere Energy
  • Location: Corpus Christi, Texas, United States
  • Coordinates: 30.366324, -81.626135 (exact)
  • Capacity: 23 mtpa (3.29 mtpa per train average)[5]
  • Status: Proposed[9]
  • Type: Export
  • Trains: 7[3]
  • Start Year: 2024[9]

Expansion Background, Stage 3

There are 7 smaller trains under construction, which began in 2015, with expected aggregate nominal production capacity of up to 23 million tonnes per annum (mtpa) of LNG.[10][5]

In June 2018, an application had been filed with the Federal Energy Regulatory Commission (FERC) to site, construct and operate the Midsize LNG Facilities. On March 29, 2019, FERC issued an Environmental Assessment for the project. Stage 3 received its FERC Order in November 2019. The first phase of the Stage 3 Project is expected to brought online in 2024.[9]

In February 2020, the U.S. Department of Energy issued an approval for the Corpus Christi expansion project to ship LNG to nations that aren't part of free trade agreements, such as Japan, South Korea and India.[11]

In April 2020, the energy and shipping brokerage Poten & Partners disclosed that the final investment decision (FID) for the terminal expansion had been delayed beyond the original FID timing of 2022. It cited COVID-19, plunging demand and the crash in oil prices as the reasons for the delay. [12]

Articles and resources

References

  1. 1.0 1.1 "Cheniere plans Corpus Christi export terminal," LNG World News, Dec 16th, 2011.
  2. 2.0 2.1 "Liquefaction Facilities: Trains 1-3," Cheniere Energy, updated November, 2019
  3. 3.0 3.1 2020 World LNG Report, page 102, International Gas Union, April 27, 2020
  4. 4.0 4.1 "Corpus Christi LNG - Trains 1 and 2," IJGlobal, accessed May 25, 2020
  5. 5.0 5.1 5.2 5.3 5.4 Cheniere starts LNG production from Corpus Christi Train 2 LNG World News, June 14, 2019
  6. "North American LNG Import Terminals: Status of Proposed and Existing Facilities," Natural Gas Intelligence, accessed April 2012.
  7. Fiona Harvey, "US shale gas to heat British homes within five years," guardian.co.uk, March 25, 2013.
  8. 8.0 8.1 8.2 "Project Schedule," Cheniere Energy, updated June, 2019
  9. 9.0 9.1 9.2 Project Schedule Cheniere, accessed April 24, 2020
  10. "Corpus Christi LNG," Cheniere Energy, accessed June 2017
  11. Four LNG projects along Texas coast land non-FTA export permits Houston Chronicle, Feb. 11, 2020
  12. John Snyder FID’s delayed by global uncertainty Riviera Maritime Media, Apr. 24, 2020