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Corpus Christi Train 2 cleared for service

Approval marks end of 'large growth year' for developer Cheniere Energy

Cheniere has received federal approval to place the second train at the Corpus Christi liquefied natural gas export facility in Texas into commercial service.

In an order issued Wednesday, the Federal Energy Regulatory Commission said Cheniere had shown that the train and associated facilities had been constructed according to their approved design and standards and "can be expected to operate safely as designed".

Ferc also said rehabilitation and restoration of areas impacted by the facility were "proceeding satisfactorily".

The approval comes as the US is fast becoming a major player in the global LNG sector, with export volumes expected to double this year over 2018.

For Cheniere, the approval marks the end of a "large growth year" that should see the company's volumes increase by more than 50% year-on-year in the final quarter of 2019, according to a note from Tudor Pickering Holt.

Cheniere's third train at Corpus Christi LNG is under construction and is expected to be online in the second half of 2021.

Meanwhile, the sixth train at the company's flagship Sabine Pass LNG terminal in Louisiana is scheduled to be in service in the first half of 2023. The first five trains are all in operation.

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