Search results for: Freeport LNG

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  • 13 December 2019
    Business & Finance

    Freeport LNG commenced commercial operations for its first liquefaction train on December 8, 2019.

  • 1 June 2012

    During a special meeting, Port Commissioners accepted Freeport LNG’s bid for a long-term lease of a 170-acre tract of land on Quintana Island adjacent to Freeport LNG’s existing LNG regasification facility and authorized Port Freeport’s chairman Bill Terry to execute the lease proposed in Freeport LNG’s bid. This lease helps pave the way for Freeport […]

  • 26 June 2018
    Ports & Logistics

    Freeport LNG Marketing, a unit of the US LNG terminal operator and developer Freeport LNG, said it had entered into a binding mid-term sales and purchase agreement with trading company Trafigura.  Under the deal, Freeport LNG will supply 0.5 million tonnes from its natural gas liquefaction and LNG loading facility on Quintana Island near Freeport, […]

  • 14 September 2018
    Ports & Logistics

    US LNG export terminal developer, Freeport LNG has won an approval from the Department of Energy (DOE) for short-term exports from its facility currently being built in Texas. The US DOE said in a statement it had issued an order on September 6 granting the Freeport LNG project to export up to 2.14 billion cubic feet […]

  • 30 October 2014

    Freeport LNG has executed definitive agreements for debt financing of its Train One natural gas liquefaction facility.

  • 21 October 2014
    Business & Finance

    Freeport LNG Development, L.P. (Freeport LNG), and Port Freeport today announced the beginning of work on a project designed to widen the Port Freeport harbor channel. On August 29, 2014, Freeport LNG, as project manager for Port Freeport’s channel-widening project, entered into an agreement with Great Lakes Dredge & Dock Company, LLC, to widen the […]

  • 4 May 2020
    Business developments & projects, Project & Tenders

    The Freeport LNG export project led by billionaire Michael Smith said it has launched commercial operations for the third liquefaction train at its facility in Texas. The third trains’ operations started on Friday with the beginning of liquefaction services to France’s Total and Korea’s SK E&S under their tolling agreements, Freeport LNG said in a […]

  • 5 June 2015
    Project & Tenders

    CH-IV International informed that it will manage the development of the formal Federal Energy Regulatory Commission application, including detailed engineering and design, for Freeport LNG’s Train 4 at the Quintana Island Facility.

  • 27 June 2013

    Houston-based Freeport LNG Development is seeking financing to begin construction next year on an $11 billion LNG export facility at Quintana Island in Texas. “Funds will be sought for the first two units that will cost about $7.5 billion”, Bloomberg reported, citing Michael Smith, Freeport’s CEO, as saying. The company will also seek $1 billion to […]

  • 22 April 2015

    A final investment decision for the Freeport LNG export facility’s third liquefaction train will be reached next week.

  • 21 October 2014

    Freeport LNG Development and Port Freeport have announced the beginning of work on a project designed to widen the Port Freeport harbor channel. On August 29, Freeport LNG, as project manager for Port Freeport’s channel-widening project, entered into an agreement with Great Lakes Dredge & Dock to widen the entrance and jetty sections of the […]

  • 30 June 2017

    Freeport LNG’s unit, FLNG Liquefaction 4 filed a formal application with the US Federal Energy Regulatory Commission for authorization to build a fourth liquefaction train at its export facility located near Freeport, Texas. Freeport LNG also said that it was commencing the front-end engineering and design (FEED) for Train 4. The proposed Train is being […]

  • 24 April 2020
    Business developments & projects, Project & Tenders

    The Freeport LNG export project in Texas led by billionaire Michael Smith is seeking from the US energy regulators to place its third and final train into commercial operation. Freeport LNG said in a letter to the Federal Energy Regulatory Commission it requests authorization to place the third train in-service by April 30, 2020. The […]

  • 4 September 2019
    Business & Finance

    Freeport LNG ships the first LNG commissioning cargo for Train 1 from its liquefaction facility in Texas.

  • 5 June 2015
    Project & Tenders

    CH-IV International informed that it will manage the development of the formal Federal Energy Regulatory Commission application, including detailed engineering and design, for Freeport LNG’s Train 4 at the Quintana Island Facility.

  • 27 February 2014
    Project & Tenders

    Freeport LNG Expansion, Osaka Gas and Chubu Electric Power announced that Osaka Gas and Chubu Electric have entered into an agreement with Freeport LNG to invest approximately $1.2 billion of equity funding for Freeport LNG’s proposed natural gas liquefaction and LNG loading facility on Quintana Island near Freeport, Texas. The facility involves the development of […]

  • 22 April 2015

    A final investment decision for the Freeport LNG export facility’s third liquefaction train will be reached next week.

  • 10 September 2019
    Ports & Logistics

    Freeport LNG and Westbourne Capital have executed definitive agreements for a $1.025 billion loan that will fund Freeport LNG’s proposed fourth natural gas liquefaction train on Quintana Island in Freeport, Texas.

  • 16 February 2012
    Project & Tenders

    Freeport LNG and a joint venture comprised of Zachry Industrial and CB&I entered into a Front-End Engineering and Design 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 […]

  • 15 July 2014
    Project & Tenders

    Global Infrastructure Partners announced the purchase of an equity interest in Freeport LNG Development by its second fund Global Infrastructure II, anticipated at 25%. Sellers, the consortium of institutional investors managed by Hastings Funds Management, Inc. and Zachry American Infrastructure, have no further ownership in Freeport LNG. The purchase price for the transaction is $850 million, subject […]

  • 9 August 2016
    Equipment, Project & Tenders

    Yokogawa Corporation of America, the North American subsidiary of Yokogawa Electric, said Monday it has won a contract from Freeport LNG for its liquefaction and export project located on Quintana Island in Texas. Under the order, Yokogawa will be providing analyzer systems and shelters for Freeport LNG’s liquefaction facility and pre-treatment facility. The total order value is […]

  • 31 July 2012
    Project & Tenders

    Freeport LNG Expansion said that it had executed 20-year liquefaction tolling agreements with Osaka Gas and Chubu Electric Power 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 […]