Freeport LNG: Taking U.S. Natural Gas Global
The shale gas revolution in the late 2000s marked a turning point in the U.S. oil and gas industry. For Freeport LNG, it meant taking our business in a new direction: transforming an import terminal into a natural gas liquefaction and liquefied natural gas (LNG) export facility. Now, we are on our way to becoming one of the first and largest U.S. exporters of LNG.
What Makes Freeport LNG Successful?
A Bright Future. The shale gas revolution opened up the possibility for the U.S. to gain a prominent position in the international energy markets. With access to an abundance of domestic reserves, Freeport LNG began to develop the liquefaction project in 2010. After securing world-class customers and closing financing, construction started in late 2014. The first three production units (or trains) will add approximately 15 million metric tonnes per year (mtpa) of nominal liquefaction capacity to the Quintana Island terminal facilities. An additional LNG train (Train 4) is under development.
Good Business Inside and Out. Good business isn’t only about economics; it is also about the positive impacts on people and society. Internally, our values continue to shape our success. We place value on being accessible to colleagues at every level of the organization. Externally, this applies to fostering relations with our customers, to our community involvement and to our environmental stewardship.
What Does Freeport LNG Mean to the U.S. and the World?
- Job creation
- Economic growth
- Improvement in U.S. foreign trade imbalance
- Global environmental benefits
The shale gas revolution in the late 2000s marked a turning point in the U.S. oil and gas industry. For Freeport LNG, it meant taking our business in a new direction: transforming an import terminal into a natural gas liquefaction and liquefied natural gas (LNG) export facility. Now, we are on our way to becoming one of the first and largest U.S. exporters of LNG.
What Makes Freeport LNG Successful?
A Bright Future. The shale gas revolution opened up the possibility for the U.S. to gain a prominent position in the international energy markets. With access to an abundance of domestic reserves, Freeport LNG began to develop the liquefaction project in 2010. After securing world-class customers and closing financing, construction started in late 2014. The first three production units (or trains) will add approximately 15 million metric tonnes per year (mtpa) of nominal liquefaction capacity to the Quintana Island terminal facilities. An additional LNG train (Train 4) is under development.
Good Business Inside and Out. Good business isn’t only about economics; it is also about the positive impacts on people and society. Internally, our values continue to shape our success. We place value on being accessible to colleagues at every level of the organization. Externally, this applies to fostering relations with our customers, to our community involvement and to our environmental stewardship.
What Does Freeport LNG Mean to the U.S. and the World?
- Job creation
- Economic growth
- Improvement in U.S. foreign trade imbalance
- Global environmental benefits
Location: United States, Texas, Houston
Employees: 201-500
Phone: +1 979-415-8700
Total raised: $2.5B
Investors 1
| Date | Name | Website |
| - | Global Inf... | global-inf... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 14.11.2021 | Secondary ... | $2.5B | - |
Mentions in press and media 5
| Date | Title | Description |
| 04.09.2024 | Oil extends drop on easing Libyan dispute, demand concerns | EnergyTransport Fuels Oil extends drop on easing Libyan dispute, demand concerns By Yuka Obayashi and Jeslyn LerhSeptember 4, 20243:44 AM UTCUpdated ago Text Small Text Medium Text Large Text Share X Facebook Linkedin Email Link Crude oil s... |
| 12.07.2024 | Nearly a million in Texas still without power after Hurricane Beryl | HOUSTON: About a million homes and businesses in Texas remained without power on Friday (Jul 12), five days after Hurricane Beryl made landfall, with fierce winds and rain that knocked down trees and electricity infrastructure. CenterPoint ... |
| 13.05.2024 | What EU sanctions on re-exporting Russian LNG would mean for global gas | - |
| 24.02.2023 | Ukraine War Illustrates Importance Of American Energy Dominance | Ukrainian servicemen get ready to repel an attack in Ukraine's Lugansk region on February 24, 2022. ... [+] - Russian President Vladimir Putin launched a full-scale invasion of Ukraine one year ago that has killed thousands and forced milli... |
| 16.11.2021 | Talos Energy And Freeport LNG To Develop Carbon Capture And Sequestration Project On Texas Gulf Coast | HOUSTON, Nov. 15, 2021 /PRNewswire/ -- Talos Energy Inc. (NYSE: TALO) ("Talos" or the "Company") and Freeport LNG Development, L.P. ("Freeport LNG") today announced that the companies have executed a letter of ... |