Cheniere Announces Substantial Completion of CCL Stage 3 Project, Production and Export of 5,000th LNG Cargo

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HOUSTON--(BUSINESS WIRE)-- Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE: LNG) today announced the achievement of two significant milestones: the substantial completion of the Corpus Christi Liquefaction Stage 3 Project (“CCL Stage 3”) in Texas, and the production and export of its 5,000^th cargo of liquefied natural gas (“LNG”) from its U.S. Gulf Coast operations. Cheniere has reached the 5,000^th cargo milestone faster than any other LNG producer worldwide.

CCL Stage 3 achieved substantial completion on August 28^th, when Bechtel Energy, Inc. (“Bechtel”), Cheniere’s engineering, procurement and construction contractor, turned over care, custody and control of the seventh and last train of CCL Stage 3 to the Company. Cheniere issued full notice to proceed on CCL Stage 3 to Bechtel in June 2022, with first LNG production from the first train achieved in December 2024. In total, the project expands Cheniere’s LNG production capacity by over 20%, to approximately 56 million tonnes per annum (“mtpa”).

“With the substantial completion of CCL Stage 3, Cheniere and Bechtel have again delivered a major LNG project safely, on budget and ahead of schedule, solidifying our track record of excellence in project execution,” said Jack Fusco, Cheniere’s Chairman, President and CEO. “Congratulations to the Cheniere and Bechtel teams on the outstanding delivery of this project. This achievement enables us to increase our supply of much-needed secure, reliable and affordable energy to the world at a critical time, while delivering on our commitments to our customers and creating long-term value for our stakeholders.”

Cheniere celebrated its 5,000^th LNG cargo with the loading of the Yari LNG carrier, which departed Sabine Pass on August 29^th en route to Asia. Since the production of its first LNG cargo in 2016, Cheniere has now supplied more than 340 million tonnes of LNG to markets worldwide, and the Company’s LNG platform has grown to represent over 10% of total global LNG capacity.

“Producing and exporting 5,000 LNG cargoes is a remarkable achievement, and doing so in record time – just 10 years after our first cargo – makes it even more extraordinary,” Fusco said. “This accomplishment was made possible by the hard work, dedication and commitment of our workforce, which forms the foundation of our industry-leading track record of operational excellence, safety and customer focus.”

About Cheniere

Cheniere Energy, Inc. is the leading producer and exporter of LNG in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with a total combined production capacity of approximately 56 mtpa of LNG in operation and an additional approximately 5 mtpa of expected production capacity under construction. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, Dubai and Washington, D.C.

For additional information, please refer to the Cheniere website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260828740408/en/

Cheniere Energy, Inc.

Investors
Randy Bhatia 713-375-5479
Frances Smith 713-375-5753

Media Relations
Randy Bhatia 713-375-5479
Bernardo Fallas 713-375-5593

Source: Cheniere Energy, Inc.

Key Terms

lng technical

Liquefied natural gas (LNG) is natural gas that has been cooled into a liquid so it takes up far less space for transport and storage, like turning a bulky bundle into a compact package for shipping. Investors care because LNG enables gas trade across regions without pipelines, so changes in production, export capacity, shipping, or demand can quickly affect energy company revenues, infrastructure operators and commodity prices, amplifying both opportunity and risk.

mtpa technical

mtpa stands for million tonnes per annum and is a measure of how much material a facility or industry — such as mining, oil, gas, chemicals, or cement — can produce in one year. Investors care because it quantifies production capacity like a factory’s hourly output, which helps estimate potential revenue, assess supply impact on prices, and compare scale between projects or companies.

substantial completion technical

Substantial completion is the point when a construction project or asset is finished enough to be used for its intended purpose, even though minor fixes or unfinished items remain. For investors this milestone often triggers major events like final payments, insurance/ liability shifts, the start of revenue generation, or release of retained funds—so it signals reduced construction risk and a move toward cash flow and returns, much like handing over car keys when the vehicle runs despite small scratches.

notice to proceed technical

A notice to proceed is a formal, written authorization in a contract that tells a contractor to start work and often triggers the project clock, budgets, and key obligations. For investors it matters because it signals that planned spending, revenue recognition, milestone payments and schedule risks are beginning—similar to a green light at a construction site that converts plans into real cash flows and measurable progress.