Cheniere Train 5 contracted to Total and Centrica

Train 5’s capacity of 3.75m t/y has been contracted on a long-term FOB basis under sale and purchase agreements with the French major Total and Centrica

Cheniere Energy has taken its final investment decision on the fifth train at its Sabine Pass liquefaction plant. Train 5’s capacity of 3.75m t/y has been contracted on a long-term FOB basis under sale and purchase agreements with the French major Total and Centrica, the UK’s largest utility. They will pay Cheniere for sourcing and liquefying and loading the LNG on to their tankers. The plant is designed to consist of six trains, each with nameplate capacity of about 4.5m t/y. Cheniere is the sole owner. Its first train is due to start up at the end of this year and later ones will arrive every six to eight months after, with the fifth due in 2018. Bechtel is doing the engineering. Cheniere