Cheniere Energy (LNG) has greenlit a major liquefied natural gas (LNG) expansion at Corpus Christi and announced plans to increase its dividend.
Cheniere has announced a Final Investment Decision (FID) on its Corpus Christi Midscale Trains 8 & 9 and Debottlenecking Project. This expansion is set to increase Cheniere’s LNG export capacity by approximately 5 million tonnes per annum (mtpa).
With this expansion, the company’s overall LNG platform is anticipated to surpass 60 mtpa by 2028, solidifying Cheniere’s position as a major global LNG supplier.
The project involves the construction of two midscale trains adjacent to the existing Corpus Christi Stage 3 Project, where Train 1 achieved Substantial Completion in March, and Train 2 achieved first LNG production this month. Upon completion, the Corpus Christi LNG terminal is expected to reach a total liquefaction capacity of over 30 mtpa.
Cheniere’s announcement further adds to the expected growth in U.S. LNG exports. Projects that have reached FID could expand U.S. nameplate LNG export capacity by approximately 70%.
See more: U.S. LNG Dealmaking Picks Up With Benefits for Midstream
Cheniere also updated its financial outlook through 2030 and announced plans to increase its dividend. Cheniere’s annualized dividend is set to grow from $2.00 to $2.22 per common share for the third quarter of 2025.
The company anticipates deploying more than $25 billion of available cash by 2030 for growth initiatives, share repurchases, balance sheet management, and dividends. The goal is to achieve more than $25 per share in run-rate distributable cash flow by the early 2030s.
Energy Infrastructure ETF 'ENFR' Offers Exposure to Cheniere & LNG Export Growth
Cheniere Energy (LNG) is a top 10 holding in the Alerian Energy Infrastructure ETF (ENFR ). ENFR also includes NextDecade (NEXT), which is developing the Rio Grande LNG export facility in Brownsville, Texas.
The Alerian Energy Infrastructure ETF provides exposure to the Alerian Midstream Energy Select Index (AMEI). The index is a composite of North American midstream energy infrastructure companies, including c-corps and MLPs, engaged in the pipeline transportation, storage, as well as processing of energy commodities.
Furthermore, ENFR is the lowest-cost ETF in the energy infrastructure category, charging just 35 basis points.
Looking for midstream insights in your inbox? Subscribe here to keep a pulse on midstream investing through our weekly updates.
For more news, information, and analysis, visit the Energy Infrastructure Channel.
VettaFi LLC (“VettaFi”) is the index provider for ENFR, for which it receives an index licensing fee. However, ENFR is not issued, sponsored, endorsed or sold by VettaFi, and VettaFi has no obligation or liability in connection with the issuance, administration, marketing or trading of ENFR.
