Cheniere Energy, Inc. Provides Operational Update on Sabine Pass Following Hurricane Laura; Announces $1 Million Donation tow...
August 31 2020 - 10:06AM
Business Wire
Assessment of Sabine Pass facility shows no
significant damage to facility; Executing plan to safely restart
LNG production
Cheniere Energy, Inc. (“Cheniere” or the “company”) (NYSE
American: LNG) and Cheniere Energy Partners, L.P. (NYSE American:
CQP) announced today that a comprehensive facility and operational
assessment of the Sabine Pass Liquefaction facility and pipeline
assets revealed no significant damage as a result of Hurricane
Laura, with the facility performing as designed through the storm.
Cheniere has started to execute on its plan to restart LNG
production at Sabine Pass. The company also announced a pledge of
$1 million to local organizations supporting hurricane relief
efforts.
“Most importantly, all of our employees are safe and accounted
for. After the storm, we carefully assessed our facility and
discovered no significant damage, and we have begun executing
startup plans to safely resume operations,” said Jack Fusco,
President and CEO of Cheniere. “We know that while our facility
emerged from this storm, many of our coworkers, friends and
neighbors need assistance. Our pledge of $1 million, in addition to
our volunteer time and other efforts, will help the region quickly
recover from the impacts of Hurricane Laura.”
“I want to thank Cheniere for stepping up during our state’s
time of need with this commitment,” said Louisiana Governor John
Bel Edwards. “It is important for all of us to join together in
recovery efforts for our communities in southwest Louisiana.”
Bechtel, Cheniere’s EPC contractor, is returning today to Sabine
Pass to resume work constructing Train 6 and on the Third Berth
Project.
Cheniere conducted initial assessments of impact from Hurricane
Laura at the Sabine Pass facility by air, boat, and by technical
and third-party experts. Prior to the storm, Cheniere activated its
emergency office location in Dallas to support essential
functions.
Activities undertaken by Cheniere as part of, or in addition to,
the $1 million donation include:
- Delivery of fuel, water, and other support to local first
responders and governments.
- Coordinating employee volunteers to support recovery and
cleanup efforts.
- Coordinating an employee supply drive.
- Providing corporate matching gifts for employee donations to
local organizations supporting relief and recovery efforts.
- Acceleration of taxes, fees, and other payments to state and
local government.
Cheniere is committed to its role as a responsible corporate
leader and delivers on this promise by engaging in philanthropic
activities that support the company’s values. Further information
about Cheniere’s corporate giving and volunteerism can be found at
www.cheniere.com
About Cheniere
Cheniere Energy, Inc. is the leading producer and exporter of
liquefied natural gas (LNG) in the United States, reliably
providing a clean, secure, and affordable solution to the growing
global need for natural gas. Cheniere is a full-service LNG
provider, with capabilities that include gas procurement and
transportation, liquefaction, vessel chartering, and LNG delivery.
Cheniere has one of the largest liquefaction platforms in the
world, consisting of the Sabine Pass and Corpus Christi
liquefaction facilities on the U.S. Gulf Coast, with expected
adjusted aggregate nominal production capacity of up to 45 million
tonnes per annum of LNG operating or under construction. Cheniere
is also pursuing liquefaction expansion opportunities and other
projects along the LNG value chain. Cheniere is headquartered in
Houston, Texas, and has additional offices in London, Singapore,
Beijing, Tokyo, and Washington, D.C.
For additional information, please refer to the Cheniere website
at cheniere.com and Quarterly Report on Form 10-Q for the quarter
ended June 30, 2020, filed with the Securities and Exchange
Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20200831005425/en/
Cheniere Energy, Inc. Investors Randy Bhatia 713-375-5479 Megan
Light 713-375-5492
Media Relations Eben Burnham-Snyder 713-375-5764 Jenna Palfrey
713-375-5491
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