Cheniere and GE Sign $1B Service Agreement for Sabine Pass LNG Export Terminal
December 18 2014 - 04:30PM
Business Wire
- Construction is Well Underway on the
First Four LNG Trains at Cheniere Partners’ Sabine Pass LNG Export
Facility, Located in Cameron Parish, Louisiana, with First LNG
Expected Late 2015
- GE to Supply Spare Parts and Provide
Maintenance Services and Technical Support for the Main Gas
Generators and Compressors on These LNG Trains for over 20
Years
GE (NYSE:GE) and Sabine Pass Liquefaction, a subsidiary of
Cheniere Energy Partners, L.P. (“Cheniere Partners”) (NYSE MKT:
CQP), announced today that they have entered into a $1 billion,
20+-year service contract under which GE will provide spare parts
and planned inspections, maintenance services and round-the-clock
technical support for the gas turbines and refrigerant compressors
on the first four LNG trains currently under construction at the
Sabine Pass LNG export facility. Each train will have six gas
turbines and is expected to have nominal capacity to produce
approximately 4.5 million metric tons per annum (mtpa) of LNG.
“We need the right technology and service partner to support our
facilities and ensure that we can deliver reliable production from
our Sabine Pass LNG export facility. Our trains will have 24 GE gas
turbines that will drive the refrigerant compressors,” said Keith
Teague, president and COO, Cheniere Energy Partners, L.P. “GE’s
ability to service the equipment and provide full on-site technical
support to ensure optimal reliability was an important factor in
our selection. Support for our terminal will come from their
Houston, Cincinnati and Atlanta facilities as well as other
locations across the United States.”
The shale revolution in America is driving substantial
investments in energy infrastructure and growth of jobs for the
economy. U.S. energy suppliers continue to capitalize on new
technologies to extract resources needed to meet domestic and
global energy demands as the U.S. prepares to become a net gas
exporter in 2016, according to the Energy Information
Administration.
“GE continues to be a major supporter of the U.S. LNG export
boom,” said Rafael Santana, CEO & president—Turbomachinery
Solutions for GE Oil & Gas. “The contract with Cheniere at
Sabine Pass will support the production of approximately 18 million
mtpa of LNG from the first four LNG trains. We're pleased that our
well-proven technology was selected for the Sabine Pass
Liquefaction facility and that Cheniere also will rely on our
services expertise. We have been able to build a strong presence in
the LNG sector by leveraging our technology and services for many
of the world's leading LNG projects.”
The contract announced today will see GE provide services that
cover all major maintenance for the first four LNG trains,
including parts, repairs and field services as well as a resident
team of 14 local experts including field and repair services to
assist with all aspects of maintenance on the GE equipment. GE also
will provide access to original parts, supported by the technical
expertise of GE’s field engineers, which will ensure optimal
reliability.
GE will be supplying services for the following products:
- 24 PGT25+ G4 gas turbines to power the
LNG trains.
- 56 centrifugal compressors.
- Associated auxiliaries.
GE’s Oil & Gas Services 2.0 package will use its
Predictivity technology for equipment monitoring and pre-emptive
maintenance, maximizing uptime. The project also will benefit from
the expertise of the Houston GE Oil & Gas iCenter, which
features more than 11 million hours of machine data and is one of
three global centers strategically set up in different time zones
to ensure 24/7 monitoring and diagnostics services for GE Oil &
Gas’ installed fleet.
About Cheniere Energy Partners, L.P.
Cheniere Partners owns and operates the existing Sabine Pass
regasification terminal and the 94-mile Creole Trail Pipeline in
southwestern Louisiana. Cheniere Partners is developing a
liquefaction project adjacent to the Sabine Pass LNG terminal for
up to six LNG trains with aggregate LNG export production volumes
of approximately 27 mtpa. Construction has begun on LNG Trains 1
through 4. Trains 5 and 6 are in the permitting process, which is
expected to be completed in 2015. Additional information about
Cheniere Partners may be found on its website:
http://www.cheniere.com.
About GE
GE (NYSE:GE) works on things that matter. The best people and
the best technologies taking on the toughest challenges. Finding
solutions in energy, health and home, transportation and finance.
Building, powering, moving and curing the world. Not just
imagining. Doing. GE works. For more information, visit the
company's website at www.ge.com.
About GE Oil & Gas
GE Oil & Gas works on the things that matter in the oil and
gas industry. In collaboration with our customers, we push the
boundaries of technology to bring energy to the world. From
extraction to transportation to end use, we address today's
toughest challenges in order to fuel the future. Follow GE Oil
& Gas on Twitter @GE_OilandGas.
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GE Oil & GasSara Hassett+39 055 4233361+39 348
2740230sara.hassett@ge.comorBarbara Del Sala+39 055 458 6980+39 342
5635184barbara.delsala@ge.comorTom Murnane or Kate CulmanMasto
Public Relations+1 518 786
6488tom.murnane@mastopr.comkate.culman@mastopr.comorCheniere
EnergyRandy Bhatia (for investors)+1 713 375 5479Christina
Burke (for investors)+1 713 375 5104Faith Parker (for media)+1 713
375 5663
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