Cheniere Corpus Christi LNG or Texas LNG and Sinopec?

*Note Corpus Christi was devastated by Hurricane in the 1970s and again by recent Hurricane Harvey.  Cheniere has 2 trains currently under construction and plans for additional liquefaction trains to be built later. 

Along with Cheniere and Texas LNG, Delfin Midstream is the 3rd Texas-based LNG company visiting China with President Trump's trade mission delegation.  The 4th LNG/NG company is Alaska Gas. 

One of the biggest deals the Trump administration is currently negotiating is a multibillion-dollar energy investment from Chinese oil and gas giant China Petroleum & Chemical Corp. that would bring thousands of new jobs to hurricane-ravaged areas in Texas and the U.S. Virgin Islands. Many of the deals, including the China Petroleum investment, are expected be in the form of nonbinding memorandums of understanding, not contracts.

Among the companies tentatively listed as working on China-related deals in conjunction with the trip, according to a government document obtained by Bloomberg News, are General Electric Co., Honeywell International Inc., Westinghouse Electric Co. , Alaska Gasline Development Corp., the Boeing Co. and Qualcomm Inc. The companies represent a variety of sectors from life sciences to heavy machinery. Other companies that may have deals in progress, according to the document, include Cheniere Energy Inc., Terex Corp., Thermo Fisher Scientific Inc., Applied Materials Inc., Caterpillar Inc.and Blackstone Group.

Details of the project in the hurricane zones in Texas and the Virgin Islands are yet to be finalized, but the Chinese company, known as Sinopec, is expected to partner with ArcLight Capital, a Boston-based infrastructure investment firm, and Freepoint Commodities LLC, a Connecticut commodity trading firm. The deal is expected to be worth more than $7 billion in investments in the U.S.

700-Mile Pipeline

The project would include construction of a 700-mile pipeline from the Permian oil field in western Texas to the Gulf Coast, as well as a storage facility there. Separately, Sinopec would expand the existing oil storage facility known as Lime Tree in St. Croix, according to a person familiar with the proposal.

The deal will still need final approval from officials in both the U.S. and China.

But all of these development deals may provide a political boost to the U.S. president, who focused much of his time on the campaign trail arguing that he was uniquely qualified to attract jobs and investment back to the U.S.

Commerce Secretary Wilbur Ross said the U.S. hoped there would be “very good deliverables” during Trump’s visit when he visited China last month.