Sabine Pass LNG Files Monthly Status Report

Sabine Pass LNG filed a status report on construction of its LNG export terminal in Sabine Pass, La., stating that as of the end of September, engineering is 24.2% complete, procurement is 20.6%, and the overall project completion is 11.8%. Sabine Pass states that the overall project schedule is progressing ahead of the contractual schedule basis, with significant acceleration of the Train 1 and Train 2 substantial completion dates from the contractual basis. Early targets for Train 1 substantial completion and Train 2 substantial completion are 43 and 47 months, respectively, against the contractual basis of 49 and 58 months for Train 1 and Train 2. The status report can be found on eLibrary under Docket No. CP11-72.

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