Cheniere Energy has put an $11.6 billion price tag on the Corpus Christi liquefaction project in Texas (illustrated).

The estimated bill includes $250 million for the feedstock pipeline connecting the proposed facility to the domestic gas grid.

Cheniere spin-off Corpus Christi Liquefaction is planning to turn its approved but yet-to-be built regasification terminal on the Gulf Coast into a bi-directional import-export facility.

The Houston developer has been waiting for a price estimate from contractor Bechtel, which is expected to build the liquefaction trains, before seeking commercial contracts on the proposal.

Cheniere is also hoping to win approval to send exports from Corpus Christi to countries that hold a free trade agreement with the US by the fourth quarter of this year.

It then wants to...