Louisiana LNG Energy (LLNGE) has secured funding from an
affiliate of ArcLight Capital Partners for the company's
mid-scale LNG export terminal currently under development in
Louisiana along the Mississippi River, officials announced on
The project, expected to start up in late 2017, has export
capacity of 2 million tpy, possesses deep-water access for
very large gas carriers (VLGC), and utilizes modular construction
for speed to market.
"The ArcLight funding agreement is a significant step in
advancing the project," said Jim Lindsay, CEO of Louisiana
LNG Energy. "The addition of their team provides LLNGE
additional experienced resources to continue moving the project
forward with all phases of
scheduled for completion
in late 2017."
"ArcLight is pleased to be partnering with LLNGE's management
team to facilitate the development of the premier mid-scale
LNG facility in the Gulf Coast," added Carter Ward, partner
Additionally, Louisiana LNG announced that it has selected
Chart Energy & Chemicals (Chart E&C) to perform
advanced engineering for the project, based on Chart's
500,000 tpy standard LNG liquefaction plant design.
The plants will feature Chart's proprietary liquefaction technology
with in-house design
and manufacture of all mission critical equipment. Advanced
engineering will commence immediately.
also has procured four
manufacturing space reservations with Chart, to ensure that
the 2 million tpy LNG plant can be online in the fourth
quarter of 2017.
"By securing the slot reservations for the liquefaction
trains, LLNGE has completed another important step in
maintaining its timeline for production in 2017," said Tom
Burgess, vice president of marketing for Louisiana LNG.