LNG

July 3 (LNGJ) - Cheniere Corpus Christi Holdings, the Cheniere Energy subsidiary overseeing the development of the Texas LNG export plant and associated facility by the Sabine Pass LNG plant owner, has signed an amended banking agreement to raise working capital to $1.2 billion from $850 million. Cheniere said the banking facility would be used for the payment of gas purchases, transportation and storage expenses and the funding of debt service reserves. “Up to $250 million may be used for general corporate purposes and the entire amount of the facility will be available for the issuance of letters of credit,” said Cheniere.