U.S. LNG player Cheniere Energy reported a net loss of $89.6 million for the third quarter, compared to a net loss of $100.8 million for the comparable 2013 period.
For the nine months ended September 30, Cheniere reported a net loss of $389.3 million, compared to a net loss of $372.7 million during the corresponding period of 2013.
Cheniere is developing up to six natural gas liquefaction trains, each with an expected nominal production capacity of approximately 4.5 mtpa, at the Sabine Pass LNG terminal adjacent to the existing regasification facilities.
The Trains are in various stages of development.
Cheniere said it will contemplate making a final investment decision to commence construction on Trains 5 and 6 based upon, among other things, entering into acceptable commercial arrangements, receiving all regulatory approvals and obtaining financing.
Cheniere said that it continues to make progress on the commercialization and development of the Corpus Christi liquefaction project, which is being designed for up to three Trains with expected aggregate nominal production capacity of approximately 13.5 mtpa of LNG.
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Press Release; Image: Cheniere