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|US Freeport LNG Aims to Increase LNG Export Quota|
|=Filed an application with DOE for a license to export another 125 Bcf=|
Freeport LNG Expansion, L.P. (FLEX), which has developed LNG production project at Freeport LNG terminal in the U.S., aims to expand LNG export quota from the terminal. The documents released by the U.S. Department of Energy (DOE) show that FLEX applied to DOE for a license to export 125 billion cubic feet per year of LNG to countries with which the U.S. has not free trade agreement (FTA) on August 3rd.|
This July FLEX's request for amendment was approved by the U.S. Federal Energy Regulatory Commission (FERC) to increase LNG production capacity of the previously authorized liquefaction project at the Freeport terminal because it was found that the authorized maximum peak-day LNG production capacity of the three liquefaction trains can be raised.
As a result, the project's authorized maximum LNG production capacity rose from 657 Bcf per year (1.8 Bcf per day) to 782 Bcf per year (2.14 Bcf per day). However, since the original export quota was left unchanged, FLEX had explained that it is necessary to newly file an application with DOE for quota to export the raised production volume. The application was made an export license valid for 20 years, which remains unchanged. FLEX conveyed its wish to DOE for the approval to be given not later than October 20th.
Besides train 1-3, which are under construction, the project to additionally build train 4 is also going on at the Freeport LNG terminal. When everything is completed, the terminal is to be capable of producing up to 20 million tons per year of LNG, consisting of four trains, each having approx 5 million tpy of LNG production capacity.
|last modified : Mon 29 Aug, 2016 [10:13]|