Cheniere: US LNG Capacity Could Reach 125 MT of LNG by 2020

Cheniere, which is building liquefaction facilities at its Sabine Pass LNG terminal in Lousiana, expects that US LNG exports capacity could reach 125 MT of LNG by 2020, said Jean Abiteboul, President, Cheniere supply and marketing at the Global LNG Summit, a part of the Flame conference being held in Amsterdam.

He also said that impacts of US LNG exports have already started, which can be shown in changes in LNG pricing.

As per the company’s liquefaction projects, Sabine Pass and Corpus Christy, they are both progressing well and he expects that the company will make a final investment decision for the Corpus Christy project by January 2015.