Cheniere makes FID on Sabine Pass LNG Train 6
June 3, 2019
Cheniere’s subsidiary Cheniere Energy Partners announced that the Board of Directors of its general partner has made a positive FID with respect to Train 6 of the Sabine Pass Liquefaction Project in Cameron Parish, Louisiana, and the company has issued full notice to proceed with construction to Bechtel. To fund a portion of the construction of Train 6 and a third LNG berth and required supporting infrastructure at the Sabine Pass Project, Cheniere Partners has entered into 5-year, $1.5 billion senior secured credit facilities with 29 banks and financial institutions in a transaction that closed on May 29, 2019.
Edited from Cheniere press release.
