Updated Sept. 17, 2025
In June, Cheniere announced that its Board of Directors made a positive final investment decision (FID) on the Corpus Christi Liquefaction Midscale Trains 8 & 9 (CCL Midscale Trains 8 & 9) and Debottlenecking Project. The company also issued full notice to proceed with construction to Bechtel, its engineering, procurement and construction (EPC) contractor.
CCL Midscale Trains 8 & 9 is being built adjacent to the Corpus Christi Liquefaction Stage 3 Project (CCL Stage 3) and consists of two midscale trains with an expected total liquefaction capacity of over 3 million tonnes per annum (mtpa). Additional debottlenecking opportunities are expected to increase the project’s total production capacity to 5 mtpa and Corpus Christi Liquefaction’s (CCL’s) overall liquefaction capacity to more than 30 mtpa later this decade.
“We are pleased to announce the FID of CCL Midscale Trains 8 & 9 today, an important milestone for Cheniere as we continue to accretively grow our world-class infrastructure platform to over 60 mtpa,” said Jack Fusco, Cheniere’s President and Chief Executive Officer. “I would like to recognize the Cheniere team, our EPC partner Bechtel, our long-term customers and the regulatory agencies that govern our projects for the demonstrated teamwork, commitment and execution, all of which were critical elements in the successful commercialization and development of CCL Midscale Trains 8 & 9 in adherence to the Cheniere standard. We look forward to bringing this much-needed new LNG supply to market safely, on time and on budget.”
Cheniere also announced an updated run-rate LNG production1 outlook, which reflects an increase of more than 10% to more than 60 mtpa across CCL and Sabine Pass Liquefaction (SPL) by 2028, inclusive of debottlenecking opportunities.
The company continues to develop additional brownfield expansions at both terminals. These expansions are expected to be executed in phases, starting with initial single-train expansions at each site that, if completed, would grow our platform to up to approximately 75 mtpa by the early 2030s.
Cheniere also increased and extended its committed capital allocation targets, starting with a planned over 10% increase of its third-quarter 2025 dividend to $2.22 per share annualized, pending approval by the Board of Directors. The company expects to generate over $25 billion of available cash through 2030.2
These developments solidify and expand the goals of Cheniere’s “20/20 Vision” capital allocation plan and are a direct result of the company’s operational excellence and continuous efforts to optimize our business.
Press release: https://lngir.cheniere.com/news-events/press-releases/detail/321/cheniere-announces-positive-final-investment-decision-on