CH-IV International To Support U.S. LNG Export Project On Behalf Of Freeport LNG Expansion, L.P.

abarrelfullabarrelfull wrote on 24 Nov 2010 07:17
Tags: ch-iv contracts freeport lng usa

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Jeffrey P. Beale, President of CH-IV
International (CH-IV) is pleased to announce that CH-IV International will
continue its Owner’s Engineering support for Freeport LNG Expansion, L.P.
(Freeport LNG) for their recently announced project with Macquarie. CH-IV
International had previously been contracted by Freeport LNG to execute a Pre-
FEED for the LNG Export Project, which included the evaluation and selection of
the Liquefaction Technology. As part of the overall FEED for the expansion project, CH-IV will continue its support to Freeport LNG by managing and contributing to the preparation of the required Resource Report 13 (RR13) for the NEPA Pre-filing Process with the Federal Energy Regulatory Commission (FERC). The Freeport LNG import terminal located on Quintana Island, Texas commenced commercial operations in June 2008. Since commercial operations began, the terminal has seen a limited number of import cargos due to higher global LNG prices relative to natural gas prices in the United States, and the significant increase in domestic gas supplies due to recent advancements in shale gas technology.

Mr. Beale stated, “CH-IV is excited to continue working with the Freeport LNG Team on such an important project. We look forward to adapting the current infrastructure to meet new commercial goals while maintaining the existing high levels of safety and operational proficiency.”

“We look forward to continuing the relationship we have developed with CH-IV in evaluating various potential opportunities for our terminal.” stated Charles Reimer, Freeport LNG President. “Supplementing our existing import terminal with the capability to produce and export LNG provides Freeport LNG with new opportunities to maximize the value of our assets on Quintana Island.”

Mr. Michael Diemert, of CH-IV’s Houston Office, will manage this project.

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