Sabine Pass LNG Files Construction Status Report

Sabine Pass LNG has filed a report with FERC on the status of construction of its LNG export terminal in Sabine Pass, La through November 2015.  The report states that Stage 1 (Liquefaction Trains 1 and 2) overall project completion is 96.9% against the scheduled plan of 98.7%.  Stage 2 (Liquefaction Trains 3 and 4) engineering and procurement are 100% complete and subcontract and direct hire construction work are 51.1% and 51.5% complete, respectively. Overall project completion for Stage 2 is 78.2% against the plan of 83.5%.  The report states that construction progress supports the achievement of substantial completion for Trains 1 and 2 by March 2016 and June 2016, respectively, and for Trains 3 and 4 by April 2017 and August 2017, respectively.



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