Cheniere Partners has decided to build another liquefaction train at its facility in Cameron Parish, La. Cheniere Energy Partners, L.P. reported Monday that it has made a positive final investment decision to add a six liquefaction train at its Sabine Pass Liquefaction (SPL) project in Cameron Parish, La. Cheniere Partners also stated Monday that it has issued full notice to proceed with Train 6 construction to Bechtel Oil, Gas and Chemicals, Inc. The company noted that it has entered into five-year, $1.5 billion senior secured credit facilities with 29 banks and financial institutions to pay for a portion of the Train 6 construction. In a separate written statement Monday unveiling a new capital allocation framework, Cheniere Energy, Inc. added that more than 50 percent of the project will rely on equity funding. The company noted the capital allocation framework “prioritizes reinvestment of available cash in growth capital projects, achievement […]

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