Freeport LNG joins list of U.S. gas exporters
Freeport LNG has become the sixth major US liquefaction facility to start operations First LNG production for the project’s Train 1 occurred on 12th August, 2019, according to Japanese utility major JERA. Osaka Gas and JERA are involved in the project through a company, FLNG Liquefaction (FLIQ1). Work will continue towards the start up of commercial operation in the autumn of this year, the companies said. FLIQ1 made its final investment decision (FID) for Train 1 in October, 2014. The project operator is Freeport LNG Development. After achieving commercial start up, Osaka Gas and JERA will lift half of Train 1’s total contracted capacity amounting to about 4.64 mill tonnes per annum, on liquefaction tolling agreements with FLIQ1. In addition, both companies will each secure LNG without destination restrictions, diversify their supply sources and price indices, and enhance the stability and flexibility of their LNG procurement, JERA said. Ship tracking data showed several LNGCs in the area possibly waiting to load at the facility.