CCP GP is a Houston-based Delaware limited liability company formed in September 2014 by CCH, which is a wholly owned subsidiary of Cheniere. Cheniere contributed CCP to us in November 2014. CCP owns and operates a 23-mile natural gas supply pipeline (the "Corpus Christi Pipeline") that interconnects the natural gas liquefaction and export facility at the Corpus Christi LNG terminal being developed by CCL (the "Liquefaction Facilities" and together with the Corpus Christi Pipeline, the "Liquefaction Project") with several interstate and intrastate natural gas pipelines. The Liquefaction Project is being developed in stages with the first phase being three Trains ("Phase 1"), with expected aggregate nominal production capacity, which is prior to adjusting for planned maintenance, production reliability, potential overdesign and debottlenecking opportunities, of approximately 13.5 mtpa of LNG, three LNG storage tanks with aggregate capacity of approximately 10.1 Bcfe and two marine berths that can each accommodate vessels with nominal capacity of up to 266,000 cubic meters. The first stage includes Trains 1 and 2, two LNG storage tanks, one complete marine berth and a second partial berth and all of the Liquefaction Project's necessary infrastructure facilities ("Stage 1"). The second stage includes Train 3, one LNG storage tank and the completion of the second partial berth ("Stage 2"). Trains 1 and 2 are undergoing commissioning and Train 3 is under construction.
Our only business consists of owning and holding CCP's general partner interest. As the sole general partner, we have complete responsibility and discretion in the day-to-day management of CCP. Since we control but have only a non-economic interest in CCP, we have determined that CCP is a variable interest entity. As we are not the primary beneficiary of CCP, we do not consolidate CCP into our Financial Statements. We have no indebtedness, although we do guarantee certain debt of our immediate parent, CCH, and we do not have any publicly traded equity.