Houston liquefied natural gas company Cheniere Energy is one step closer to bringing its newest Sabine Pass liquefaction train into service at its Sabine Pass LNG export facility, located in Cameron Parish along the Louisiana coast.
The Federal Energy Regulatory Commission has approved Cheniere’s September 15 request to introduce feed gas to commission parts of Train 6 at the LNG facility. Feed gas is processed natural gas from pipelines that will be turned into LNG.
Cheniere said this month that it expects the sixth natural gas liquefaction unit at Sabine Pass to come online earlier than expected, in the first quarter of next year instead of the first half.
Once Train 6 is completed, the facility will have a production capacity of about 30 million metric tons per year of LNG.
Also this month, Cheniere announced the first stock dividend in its 25-year history. The company will pay a quarterly dividend of 33 cents per share. The dividend is payable November 17 to shareholders of record as of November 3, the company said.
For more information visit www.cheniere.com
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