|Asset type||Gas Processing|
|Major asset locations||United States|
|Initial IFM Investment||October 2014|
|Head office location||Quintana, Texas, US|
With access to significant, low-cost natural gas reserves, the United States has the opportunity to develop large-scale liquified natural gas export infrastructure to expand its participation in global energy markets, reap domestic economic benefits, and pave the way for carbon emissions reduction as natural gas is increasingly utilized as a transition fuel for decarbonization globally. Today, Freeport LNG is a key contributor in making the United States one of the largest LNG exporters in the world.
Some of Freeport LNG’s most significant attributes are below.
Freeport LNG began construction of its liquefaction facility on Quintana Island in 2014. All three trains reached successful commercial operations by mid-2020.
The facility’s production capacity is substantially contracted under 20-year use-or-pay liquefaction tolling agreements.
The liquefaction facility is the largest all-electric drive motor plant of its kind in the world. Electric drive motors significantly reduce carbon emissions relative to gas turbine-driven liquefaction facilities.