What major regulatory approval did Cheniere Energy receive?

Cheniere Energy received approval from the Federal Energy Regulatory Commission (FERC) for two key projects: the expansion of its Sabine Pass LNG receiving terminal and its proposed Creole Trail LNG receiving terminal and associated pipeline.

Where are these approved projects located?

Both the Sabine Pass LNG receiving terminal expansion and the proposed Creole Trail LNG receiving terminal and pipeline are located in Cameron Parish, Louisiana. The Sabine Pass terminal is on the Sabine Pass Channel, and the Creole Trail terminal is planned for the mouth of the Calcasieu Channel.

What is the status of the Sabine Pass terminal?

The Sabine Pass LNG receiving terminal was under construction at the time of this filing in June 2006, and the FERC approval was for its expansion.

What is the significance of these FERC approvals for Cheniere?

These approvals represent a critical step forward for Cheniere's strategic growth initiatives. They enable the company to significantly increase its LNG import infrastructure and capacity, which is vital for its business operations and future market position.

LNG 8-K SEC Disclosure — Jun 15, 2006

Summary

Cheniere Energy, Inc. (LNG) announced on June 15, 2006, a significant regulatory milestone with the Federal Energy Regulatory Commission's (FERC) approval for key projects. This approval greenlights the expansion of their LNG receiving terminal currently under construction in western Cameron Parish, Louisiana, located on the Sabine Pass Channel. Furthermore, the FERC's decision also encompasses the approval of Cheniere's proposed Creole Trail liquefied natural gas (LNG) receiving terminal and its associated pipeline. This second terminal is planned for development at the mouth of the Calcasieu Channel, also in Cameron Parish, Louisiana. These approvals are crucial for Cheniere's expansion plans and represent a positive development in their efforts to increase LNG import capacity.

Key Highlights

1FERC has approved the expansion of Cheniere's Sabine Pass LNG receiving terminal.
2FERC has also approved Cheniere's proposed Creole Trail LNG receiving terminal and associated pipeline.
3Both approved projects are located in Cameron Parish, Louisiana.
4The Sabine Pass terminal is currently under construction.
5The Creole Trail terminal and pipeline are proposed developments.
6These approvals are critical for the company's growth and operational capacity in the LNG market.

Cheniere Energy, Inc. 8-K Report, Corporate Update (Jun 15, 2006)

Summary

Key Highlights

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