In May, Cheniere Energy began construction on their Corpus Christi Liquefaction Project - a $14.5 billion liquefied natural gas (LNG) export facility in San Patricio County - after waiting nearly three years to receive all necessary federal permits. The project is expected to begin exporting natural gas in 2018-2019.
On June 1st, the company announced a planned multi-billion dollar expansion of that project, which will make it the largest planned LNG facility in the state of Texas and the largest privately financed investment in the history of the state. The expansion will include two additional LNG processing units (trains), one storage tank, and a new 22-mile pipeline which will run parallel to the currently approved pipeline. Cheniere anticipates construction to begin on the expansion in May 2017 and for it to be operational the first quarter of 2021.
This facility may not be Cheniere’s only investment in the Coastal Bend. In October, the company announced they are considering building a $500 million, 552-acre marine terminal and condensate facility in Ingleside.
Cheniere’s projects will have a tremendous impact to the Coastal Bend economy and will bring thousands of direct and indirect jobs to our area. A study on the original LNG project estimated that over 11,000 direct and indirect jobs would be created in the Coastal Bend and South Texas region just during the five years of construction alone.
I am proud to have worked with Cheniere on a number of issues important to our community and look forward to their continued investment in San Patricio County and the Coastal Bend.