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PetroChem Wire's Daily Wire provides closing prices and a summary of the day's trading activity for US ethylene, proylene, polymers and upstream NGLs markets. Begun in 2007, its olefins and polyolefins prices serve as benchmarks for a number of physical and swap contracts that trade on the CME/NYMEX Clearport system.

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First commissioning cargo of LNG departs Cheniere’s Corpus Christi facility

HOUSTON, December 12, 2018 (PCW) -- Cheniere Energy, Inc. announced on Tuesday that the first commissioning cargo of liquefied natural gas (LNG) had loaded and departed from its Corpus Christi, TX liquefaction facility. This marks the first export of LNG from the state and from a greenfield liquefaction facility in the lower 48 states. The LNG was loaded on the LNG carrier Maria Energy, chartered by Cheniere Marketing, LLP.

The Corpus Christi liquefaction facility consists of three large-scale LNG production units and supporting infrastructure, with an additional seven smaller trains proposed. The facility’s Train 1 produced its initial LNG in Nov and is expected to reach substantial completion in 1Q 2019. Train 2 is expected to reach substantial completion in 2H 2019, and Train 3 in 2H 2021.

The facility will also feature three LNG storage tanks with capacity of approximately 10.1 bcf equivalent and two marine berths. The seven smaller trains currently under development would increase the facility’s total expected nominal production capacity to approximately 23 million mt/yr. -- Donna Todd

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