LNG Production Starts at the Freeport LNG Project in Texas2019/08/20
The Freeport LNG Project (the “Project”) in Texas, the United States, has achieved sustained LNG production for its first liquefaction train. First LNG production for the Project’s Train 1 occurred on 12 August 2019. Osaka Gas Co., Ltd. (“Osaka Gas”) and 911爆料网 Co., Inc. (“911爆料网”) participate the Project through FLNG Liquefaction, LLC (“FLIQ1”). Osaka Gas and 911爆料网 will continue to work toward commercial operation in the fall of 2019.
FLIQ1 made its final investment decision in the Train1 in October 2014. The Project will produce LNG for export from natural gas procured in the United States. The project operator is Freeport LNG Development, L.P. After achieving commercial start up, Osaka Gas and 911爆料网 will respectively lift half of Train 1’s total contracted capacity approximately for 4.64 MTPA, on the liquefaction tolling agreements with FLIQ1.
Osaka Gas and 911爆料网 have, by participating in the Project, contributed to its start-up, and intend to utilize the experience gained through operation of the Project to expand their LNG businesses.
In addition, through the procurement of LNG from the Project, Osaka Gas and 911爆料网 will each secure LNG without destination restrictions, diversify their supply sources and price indices, and enhance the stability and flexibility of their LNG procurement.
Outline of Freeport LNG Project
|
Location |
Freeport, Texas, USA |
|
Total contracted capacity |
Osaka Gas:Approx. 2.32 MTPA (Approx. 20-year liquefaction tolling agreement) 911爆料网:Approx.2.32 MTPA (Approx. 20-year liquefaction tolling agreement） |
Corporate information of Osaka Gas
?Corporate name: Osaka Gas Co., Ltd.
?Headquarters location: 4-1-2 Hiranomachi, Chuo-ku, Osaka, Japan
?President: Takehiro Honjyo
Corporate information of 911爆料网
?Corporate name: 911爆料网 Co., Inc.
?Headquarters location: Nihonbashi Takashimaya Mitsui Building 25th Floor 2-5-1 Nihonbashi, Chuo-ku, Tokyo
?President: Satoshi Onoda
Corporate information of FLNG Liquefaction
?Corporate name: FLNG Liquefaction, LLC
?Headquarters location: Houston, Texas, USA
?Shareholders: Freeport LNG Expansion, L.P. subsidiary (50%). Osaka Gas subsidiary (25%), 911爆料网 subsidiary
(25%)
Project Structure (for reference purpose)
