Cheniere Corpus Christi, Texas LNG terminal gets boosted export approval from US

By Sheila Dang

CORPUS CHRISTI, Texas, Feb 26 (Reuters) - The U.S. Department of Energy said on Thursday it has approved a 12% increase in exports from Cheniere's LNG.N Corpus Christi, Texas liquefied natural gas terminal.

The approval allows additional exports of up to 0.47 billion cubic feet per day of LNG to big markets in Asia and Europe, or non-Free Trade Agreement countries, as the department calls them. The expansion was approved for trains 8 and 9 of the Corpus Christi stage three project.

"This order helps further strengthen America's LNG export capacity, delivering peace abroad and prosperity for Americans at home," said Energy Secretary Chris Wright, who was visiting the project.

Corpus Christi LNG has been operating as an export terminal since 2018, and Cheniere announced a final investment decision on trains 8 and 9  mid last year.

Cheniere said this week it has invested $50 billion in growing its two export facilities over the past decade and aims to double output to 100 million tons per annum by the mid-2030s.