Cheniere Energy Inc. has announced a positive final investment decision for the expansion of its Corpus Christi Midscale Trains 8 & 9 Project, which is part of its broader strategy to enhance its liquefied natural gas (LNG) production capabilities. The expansion project, expected to add over 3 million tonnes per annum of LNG capacity, is set to increase Cheniere's overall platform by more than 10%, reaching over 60 million tonnes per annum by 2028. The venture is projected to be more than 90% long-term contracted, ensuring stability and predictability in operations. Furthermore, Cheniere plans to increase its annualized dividend by over 10% from $2.00 to $2.22 per common share by the third quarter of 2025. The company aims to deploy over $25 billion of available cash through 2030 towards growth initiatives, share repurchases, and dividends, targeting over $25 per share of run-rate distributable cash flow by the early 2030s.
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