Cheniere Energy has confirmed the final investment decision for the expansion of Corpus Christi, Texas, with the construction of mid-scale Trains 8 and 9. Execution will be handled by Bechtel Energy, cementing a strategic partnership that boosts liquefied natural gas (LNG) export capacity from the Gulf Coast.
Corpus Christi expansion enters new phase
The approved expansion will add more than 3 million tons per year (mtpa) of additional liquefaction capacity through the new trains, which will be integrated with the third stage of the Corpus Christi project. This integration will allow the plant to reach more than 30 mtpa by the end of the decade. The project also includes decongestion infrastructure that will optimize the performance of the liquefaction terminal. liquefaction terminal the existing liquefaction terminal.
Cheniere has strengthened its financial plan with the goal of generating more than US$25 billion in generate more than US$25 billion in available cash flow by 2030. in free cash flow through 2030. This outlook is supported by a progressive capital allocation strategy that combines accretive growth with share repurchases and dividend increases. By the third quarter of 2025, the company already anticipates a 10% increase in the annualized dividend from $2.00 to $2.22 per share.
In addition to the new trains, Cheniere is moving forward with studies to expand both Corpus Christi and Sabine Pass, with a modular scheme that contemplates additional individual trains. If these phases materialize, the company’s global liquefaction platform will exceed 75 mtpa by the beginning of the next decade, strengthening its position as a leading LNG exporter in the United States. exporter in the United States.
Comments from management
Jack Fusco, CEO of Cheniere, noted that the decision reflects the company’s operational maturity and its commitment to safe and efficient energy development. He also stressed the importance of working together with Bechtel, customers and regulators to reach this new stage.
Zach Davis, the company’s CFO, remarked that the progress is consolidating the company’s bullish financial outlook, leveraged by an optimized operating model that boosts returns and balance sheet strength.
With this expansion, Cheniere reinforces its leadership in the global LNG market and lays the foundation for sustained growth aligned with international energy demand.
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Source and photo: Cheniere
