GE Nudging Freeport LNG Forward
GE Oil & Gas has signed a contract to provide both technology and capital to help expedite construction of the Freeport LNG gas liquefaction and liquefied natural gas (LNG) export project in Southeast Texas, GE says in a press release.
GE is supplying the main refrigeration compressors, variable-speed drive electric motors and other electrical equipment for two customized LNG liquefaction trains, each of which will produce a base volume of 4.4 metric tonnes per annum (mtpa) of LNG. In addition, GE is providing financing to support the project through pre-construction engineering and design.
In a transformation of its energy fortunes, the shale gas boom gives the United States the potential to become one of the globe’s largest LNG exporters. Freeport LNG will play a vital role in maximizing the value of this abundant and affordable shale gas, becoming the first world-scale electric liquefied natural gas (eLNG) plant in North America.
Using GE’s electric motor driven technology has enabled Freeport LNG to comply with strict local emissions standards and support its ambitious LNG production and export targets.
“GE’s strong partnership and expertise have helped us address this project’s unique challenges, quickly,” said Michael Smith, CEO of Freeport LNG. “Through its innovative technology, financial expertise and ability to address environmental challenges in a cost-effective manner, GE is helping us to create the lowest air emissions and carbon footprint in the U.S. LNG industry.”