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Freeport LNG Closes Financing And Commences Construction Of Initial Two Natural Gas Liquefaction Trains
Freeport LNG Expansion, L.P. (Freeport LNG) today announced that its subsidiaries, FLNG Liquefaction, LLC and FLNG Liquefaction 2, LLC, successfully closed on debt and equity financing commitments of approximately $11 billion in capital required for the development of the initial two trains of Freeport LNG's natural gas liquefaction and LNG loading facility on Quintana Island near Freeport, Texas, making it the largest fully non-recourse construction project financing ever. Commitments in excess of the anticipated $9.64 billion in project costs, inclusive of financing costs, provide significant buffer for contingencies and cost overruns to ensure successful completion.

date.png27 Nov 2014 14:54 | comments.png 0 Comments | tags.png freeport lng n-america usa [ More ]

Energy Department Authorizes Second Proposed Facility To Export Liquefied Natural Gas
The Energy Department announced today that it has conditionally authorized Freeport LNG Expansion, L.P. and FLNG Liquefaction, LLC (Freeport) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States from the Freeport LNG Terminal on Quintana Island, Texas.

date.png18 May 2013 20:40 | comments.png 0 Comments | tags.png freeport lng n-america top usa [ More ]

Freeport LNG Signs 20-Year Liquefaction Tolling Agreements With Osaka Gas And Chubu Electric
Freeport LNG Expansion, L.P. (Freeport LNG) today announced that it had executed 20-year liquefaction tolling agreements with Osaka Gas Co., Ltd. (Osaka Gas) and Chubu Electric Power Co., Inc. (Chubu Electric) covering 100% of the liquefaction capacity of the first train of Freeport LNG’s proposed natural gas liquefaction and LNG loading facility near Freeport, Texas. The initial 3-train facility will be capable of liquefying approximately 13.2 million tons per annum (mtpa) of natural gas. Freeport LNG expects that all three trains will be fully subscribed by the end of 2012.

date.png01 Aug 2012 06:49 | comments.png 0 Comments | tags.png chubu freeport lng n-america osaka-gas usa [ More ]

Freeport LNG and Zachry/CB&I JV Sign FEED Contract for Development of Freeport Liquefaction Project
Freeport LNG Expansion, L.P. (Freeport LNG) and a joint venture comprised of Zachry Industrial, Inc. and CB&I Inc. (Zachry/CB&I Joint Venture) entered into a Front-End Engineering and Design Contract (FEED Contract) for the engineering and design of the Freeport Liquefaction Project near Freeport, Texas. Under the FEED Contract, the Zachry/CB&I Joint Venture will engineer and design three LNG liquefaction trains (each rated at 4.4 million tons per year) and corresponding pretreatment facilities to be located near the existing Freeport LNG Regasification Terminal that is owned and operated by Freeport LNG’s parent company, Freeport LNG Development, L.P.

date.png16 Feb 2012 07:29 | comments.png 0 Comments | tags.png cbi engineering freeport lng usa [ More ]

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

date.png24 Nov 2010 07:17 | comments.png 0 Comments | tags.png ch-iv contracts freeport lng usa [ More ]

Macquarie Energy and Freeport LNG Expansion, L.P. to Jointly Develop U.S. LNG Export Project
Macquarie Energy, the North American energy marketing and trading arm of Macquarie Group (Macquarie) (ASX: MQG), and Freeport LNG Expansion, L.P. (Freeport LNG) today announced an agreement to jointly develop and market liquefaction capacity at Freeport LNG’s existing LNG import terminal near Freeport, Texas. The proposed liquefaction facility will be capable of liquefying up to 1.4 billion cubic feet per day (Bcf/d) of natural gas and will create a world-class bi-directional import/export LNG terminal.

date.png23 Nov 2010 09:39 | comments.png 0 Comments | tags.png export freeport lng macquarie project usa [ More ]
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