Cheniere sees summer application for Corpus plant

Mb50's "Liquid Mud" Rant

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NEW ORLEANS, March 27 | Tue Mar 27, 2012 3:56pm EDT

(Reuters) – Cheniere Energy Inc plans to file a formal application in July or August to build a second liquefied natural gas export plant on the U.S. Gulf Coast, the company’s chief executive officer told investors on Tuesday.

The Houston-based LNG developer said in December it plans to build the export plant at Corpus Christi in Texas, originally the site for a planned import terminal, but it will need to file for approval first.

“We expect it to be some time in July or August,” Charif Souki, Cheniere’s CEO, said at the Howard Weil energy conference.

The plant, which would have the capacity to export 1.8 billion cubic feet of gas per day, could be online by 2017, assuming permits are granted by mid-2013, the filing said.

Cheniere has signed long-term supply agreements with…

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