May. 28 at 12:51 PM
CHENIERE ENERGY PARTNERS AWARDS BECHTEL EPC CONTRACT FOR TRAIN 7
Cheniere Energy Partners has signed a lump sum, turnkey EPC contract with Bechtel for the first phase of its Sabine Pass LNG expansion, which includes Train 7.
$CQP $LNG
🔹 Phase 1 is expected to deliver over 6 mtpa of LNG capacity once complete, including debottlenecking
🔹 A Limited Notice to Proceed has been issued for early engineering and procurement work
🔹 Final investment decision on Phase 1 is targeted for early 2027, pending regulatory approvals and financing
🔹 The project is already backed by long-term contracts with creditworthy counterparties