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Cheniere Energy recorded $3.07bn net income in Q2, up $1.44bn year-on-year.
The results, fuelled by higher margins and volumes on delivered LNG, marked a strong turnaround .
Jack Fusco, Chairman, President and CEO, said the quarter saw the “substantial completion” of Midscale train 6 at the Corpus Christi Liquefaction(CCL) Stage 3 project and first LNG production from the seventh train is “expected imminently”.
Further progress was made towards final investment decision of phase 1 of the SPL expansion project. As of July 31, 2026, over 3,460 cumulative LNG cargoes totalling approximately 240 million tonnes have been produced, loaded, and exported from SPL.
In June, Cheniere received authorisation from the Federal Energy Regulatory Commission to increase LNG production capacity of CCL Stage 3 and CCL Midscale trains 8 & 9, which , by approximately 5 million tonnes per annum in aggregate.
Sabine Pass Liquefaction Stage V entered into a lump sum, turnkey, engineering, procurement and construction contract .
Last month energy technology firm Baker Hughes announced it had relating to Sabine Pass LNG.
