RE:RE:New US Fracking Regulations Face More on LNG . Cheniere's LNG projects are still on pace to move ahead. At Sabine Pass, Cheniere has construction of its first two trains more than 80% complete, and it expects to stay on target for Train 1 to produce LNG by late 2015. Trains 3 and 4 will follow in late 2016 and 2017, while Trains 5 and 6 are still under development but are expected to come into service around mid-2018. At the same time, Cheniere is also moving forward with a similar project in Corpus Christi, which is also expected to become operational in 2018 based on current estimates. When both facilities are complete, Cheniere should be able to export 5.5 billion cubic feet of natural gas per day. Excitement is building over LNG One key to the success of Cheniere Energy's LNG projects was to attract interest from other parties, and so far, Cheniere has gotten a lot of attention in the industry. Cheniere has signed up purchases for 16 million tons of LNG annually for the first four trains of Sabine Pass production, and agreements covering another 3.75 million tons for Trains 5 and 6 demonstrate the economic viability of the program. For Corpus Christi, Cheniere has entered into LNG sale and purchase agreements for 6.9 million tons of LNG per year, or about half the facility's eventual 13.5 million-ton capacity. At the same time, Cheniere has done well in getting financing for the capital-intensive projects. In particular, in just the past few months, Cheniere has issued convertible notes to raise a total of about $2.5 billion, and it has worked with nearly 20 financial institutions to arrange and structure debt facilities to raise another $11.5 billion. Financiers appear excited about the prospects for the projects, especially as Cheniere obtains the necessary approvals and proceeds with its construction plans. Most of the projected appetite for LNG will come from Asia, where Cheniere expects demand to rise from around 200 million tons per year this year to almost 325 million tons by 2025. Europe will also be a key market, with needs for about 90 million tons of LNG within the next decade. Competitors are lining up to tackle some of that demand. A host of other companies have filed applications with the Federal Energy Regulatory Commission for LNG terminals, with several already under construction. Yet with so much of its capacity already locked into long-term contracts, investors don't have to be overly worried about new entrants to the space, as Cheniere has already lined up most of the customers it needs. Cheniere's LNG projects seemed like pipe dreams only a few short years ago, but as they approach completion, the company vision appears more likely than ever to succeed. As 2015 progresses, keep your eyes on Cheniere's progress in Sabine Pass, with an eye toward starting to realize its full potential in 2016 and beyond