Cheniere Energy Inc. management said Thursday it expects to have four liquefaction trains online at its Corpus Christi Stage 3 LNG project in South Texas by the end of this year, while management is increasingly confident the company may soon sanction another expansion at the facility.

NGI's forward natural gas price curve at Tennessee Line 500

Expand

CEO Jack Fusco said during a call to discuss first quarter earnings that three trains at the Stage 3 project should be completed and in service by the end of the year. With the project schedule on track, Fusco also said the fourth train is likely to start commissioning by then too.

The Stage 3 project would add seven trains at Corpus Christi. Cheniere is progressing toward a final investment decision on an eighth and ninth train that Fusco said he expects to “occur in the coming months.”