05
Sat, Jul

Cheniere approves Corpus Christi LNG expansion, updates company outlook

Cheniere approves Corpus Christi LNG expansion, updates company outlook

World Maritime
Cheniere approves Corpus Christi LNG expansion, updates company outlook

Alongside the FID, Cheniere updated its capital allocation plan. The company now expects to deploy over $25 billion of available cash through 2030 on growth, share repurchases, and dividends. It also plans to increase its third-quarter 2025 dividend by over ten per cent to $2.22 per share.

Jack Fusco, Cheniere’s CEO, noted that the adjacent Corpus Christi Stage 3 project is also progressing, with its first train achieving substantial completion in March and its second train achieving first LNG production this month. The company is also developing further single-train expansions at both sites.

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