US-based Cheniere Energy Partners has signed a deal with compatriot Bechtel to build two liquefaction trains at the Sabine Pass LNG import terminal.
The lump-sum turnkey contract for engineering, procurement and construction covers 9 million tonnes per annum of export capacity. It is expected to cost $3.9 billion, bringing total costs to between $4.5 billion and $5 billion.
Cheniere Partners, a spin-off of Houston-based terminal operator Cheniere Energy, plans to give Bechtel notice to proceed with construction once it secures permits from the Federal Energy Regulatory Commission and finance.
The
