Feed gas was introduced last month to the third train at Cheniere Energy Inc.’s Corpus Christi liquefied natural gas (LNG) terminal in South Texas, which is expected to produce its first LNG in the coming weeks, according to CEO Jack Fusco. 

Progress on the expansion project, expected to be complete in 1Q2021, was a bright spot among what Fusco described as a “challenging” third quarter that unfolded in an “unimaginable year” in which the company has battled through a pandemic and a tumultuous Atlantic Hurricane season. 

The company’s results were dented by ongoing cargo cancellations this year and its choice to carry forward revenues from the fixed fees it earned from them. Cheniere’s customers couldn’t turn a profit this summer given low prices overseas and...