Cheniere Energy Inc., whose headquarters are based in Texas, US, has recently been cleared to double exports from its landmark terminal in Louisiana. Cheniere’s second liquefaction plant at Sabine Pass was recently approved by the Federal Energy Regulatory Commission in a notice. Each plant has the capacity to produce the equivalent of about 650 million cubic feet a day.
By starting up two liquefaction plants, Cheniere will be able to start taking in fixed payments for 20 years from customers, whether or not they decide to actually take any LNG from Sabine Pass. A contract with Royal Dutch Shell Plc goes into effect in December, 2016, while one with Spain’s Gas Natural Fenosa starts in September 2017, according to a company presentation earlier this year.