Search results for: Freeport of Riga

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  • 5 September 2018
    Ports & Logistics, Project & Tenders

    US LNG export terminal developer, Freeport LNG said on Wednesday it signed a binding heads of agreement with a unit of Japan’s Sumitomo Corporation for 2.2 million tons per annum (mtpa) of LNG from the fourth Freeport train. Under the deal, Sumitomo Corporation of Americas has agreed to negotiate for a 20-year liquefaction tolling agreement. The tolling agreement is […]

  • 17 September 2019

    U.S. LNG export terminal developer Freeport LNG and Redwood Markets have launched a virtual private storefront for selling liquefied natural gas (LNG) cargoes inside the Redwood Marketplace.

  • 24 April 2018
    Business & Finance

    Freeport Mayor, Robert Kennedy, Hempstead Town Councilwoman, Erin King Sweeney, and other Freeport Village officials yesterday toured the Hurricane Protection Barrier located in New Bedford, Massachusetts. The U.S. Army Corps of Engineers’ teams are currently analyzing the feasibility of building a similar facility, in order to protect Nassau’s south shore from future flooding devastation. Mayor Kennedy […]

  • 8 October 2014

    Freeport LNG Development CEO Michael Smith said he expects his company to launch an initial public offering in the future.  Smith told Bloomberg he expects that Freeport LNG would be a $10 billion-plus public company at some phase during the construction of the facility. The construction of the $14 billion facility is about to start next month […]

  • 1 August 2012

    King & Spalding’s global energy practice has advised Freeport LNG on the liquefaction tolling agreements for the first of three proposed liquefaction trains to be built near Freeport, Texas, at Freeport LNG’s existing LNG import terminal. All three trains are expected to be fully subscribed by the end of 2012 and, once completed, will be […]

  • 7 November 2012
    Business & Finance

    Port Freeport Commissioners agreed to amend and extend the Memorandum of Understanding with the Panama Canal Authority. Last year, both parties signed the MOU as a joint effort to help promote business between the Canal and Port Freeport for one year. With this renewal, their efforts will be extended for five years. “This partnership is […]

  • 24 May 2019

    LNG contractor McDermott International stated the production from the final train of the Freeport LNG project in Freeport, Texas, is set to start production in the first quarter of 2020.

  • 22 June 2015
    Project & Tenders

    Honeywell Process Solution said that its automation and security systems will help Freeport LNG Development expand its southeast Texas liquefied natural gas terminal into liquefaction and export operation.

  • 5 April 2018
    Project & Tenders

    Lithuania’s Klaipedos Nafta, signed a memorandum of understanding with Freeport LNG to cooperate on onshore developing onshore infrastructure for FSRU terminals.

  • 12 February 2013

    King & Spalding advised Freeport LNG Expansion in the company’s binding 20-year liquefaction tolling agreement with an indirect wholly owned subsidiary of BP, covering 50 percent of the production capacity from the initial two trains of Freeport LNG’s natural gas liquefaction and LNG loading facility on Quintana Island near Freeport, Texas. The King & Spalding […]

  • 26 December 2016

    The construction of the Freeport LNG liquefaction and pretreatment facilities located on Quintana Island in Texas has advanced with many of the large, process components arriving on site.

  • 7 November 2012
    Business & Finance

    Port Freeport Commissioners agreed to amend and extend the Memorandum of Understanding with the Panama Canal Authority. Last year, both parties signed the MOU as a joint effort to help promote business between the Canal and Port Freeport for one year. With this renewal, their efforts will be extended for five years. “This partnership is […]

  • 21 May 2015

    Freeport LNG requested that the Federal Energy Regulatory Commission starts the pre-filing review process for the proposed expansion of its export project on Quintana Island, Texas.

  • 4 September 2019

    Freeport LNG has shipped the first LNG commissioning cargo for Train 1 from its liquefaction facility located on Quintana Island in Freeport, Texas.

  • 29 June 2015

    Freeport LNG filed an application with the Federal Energy Regulatory Commission seeking approval of an increase of the projects’s authorized maximum peak day LNG production capacity from the approximately 1.8 Bcf/d to approximately 2.14 Bcf/d.

  • 29 April 2015

    Freeport LNG’s unit, FLNG Liquefaction 3, closed on financing commitments of approximately $4.56 billion in capital required for the construction of the third train of its natural gas liquefaction and LNG loading facility on Quintana Island, Texas. The construction cost for the combined three-train project is expected to be $12.5 billion, including owner’s costs and […]

  • 28 July 2014
    Business & Finance, Equipment, Technology

    Port Freeport has announced the arrival of two Post Panamax Cranes. “The Gantry cranes departed from Shanghai, China on May 7th and arrived at Port Freeport on July 19th,” Executive Port Director/CEO Glenn Carlson said. The Zhen Hua 28, delivered the two 100-foot gauge container cranes completely erect for Port Freeport. Being approximately 80 feet […]

  • 16 April 2012

    Freeport LNG announced that it had entered into an option agreement to purchase approximately 400 acres of land located about one mile southeast of the city of Oyster Creek near County Road 690 and State Highway 332 in order to relocate the future site of a natural gas pretreatment facility, which is part of Freeport […]

  • 15 February 2016

    Freeport LNG on Friday named Bryan Frey as its vice president and global head of LNG marketing effective Monday, February 15, 2016.

  • 8 September 2016

    Freeport LNG has requested permission from the United States Department of Energy to increase its export volumes from its terminal currently under construction near the city of Freeport, in Brazoria County, Texas.

  • 14 February 2020
    Business & Finance

    The recently announced U.S. Army Corps of Engineers (USACE) Fiscal Year (FY) 2020 Work Plan includes $19 million in funding for the Freeport Harbor Channel Improvement Project (FHCIP). Port Freeport, Texas, is one of two seaports nationwide to receive a “new start” designation for commencement of construction. The estimated total cost of the project is […]

  • 20 October 2014

    FERC issued an order granting Freeport LNG a permission to start construction of its liquefied natural gas export terminal in Brazoria County, Texas.  Federal Energy Regulatory Commission authorized Freeport LNG to start the construction of the Pretreatment plant, the liquefaction plant and the Phase II modification project. There are, however, several exceptions as no site preparation […]