HomeNewsArgent LNG signs lease for 20-MMtpy Port Fouchon LNG export terminal

Argent LNG signs lease for 20-MMtpy Port Fouchon LNG export terminal

6/25/2024

Argent LNG is pleased to announce the signing of a long-term lease agreement with the Greater Lafourche Port Commission, securing 144 acres of prime land at Port Fourchon, Louisiana (U.S.). This strategic agreement paves the way for the development of a state-of-the-art liquefied natural gas (LNG) export facility with a projected capacity of up to 20 MMtpy, pending a waterway suitability assessment and overall Federal approval.

Port Fourchon, known for its strategic location and robust infrastructure, will serve as the ideal site for Argent LNG's ambitious project. The 144-acre lease agreement underscores Argent LNG's commitment to advancing the LNG industry and supporting global energy demands with a focus on sustainability and efficiency.

Key Highlights:

Strategic Location: Port Fourchon is a critical hub for the energy industry, offering unparalleled access to global markets and established infrastructure, making it the perfect location for Argent LNG's development.

State-of-the-Art Facility: Upon receiving Federal approval, the planned up to 20-MMtpy LNG facility will incorporate the latest in liquefaction technology, ensuring high efficiency and low carbon intensity, aligning with global efforts towards cleaner energy solutions.

Economic Impact: The development of this facility is expected to bring significant economic benefits to the region, including job creation and increased local investment, further cementing Port Fourchon's role as a vital energy hub.

 

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