Argent LNG Announces Long-Term Lease with Greater Lafourche Port Commission for Development of up to 20 MTPA Facility

June 25, 2024 08:00 PM AEST | By EIN Presswire
 Argent LNG Announces Long-Term Lease with Greater Lafourche Port Commission for Development of up to 20 MTPA Facility
Image source: EIN Presswire
PORT FOURCHON, LOUISIANA, UNITED STATES, June 25, 2024 /EINPresswire.com/ -- Argent LNG is pleased to announce the signing of a long-term lease agreement with the Greater Lafourche Port Commission, securing 144 acres of prime land at Port Fourchon. This strategic agreement paves the way for the development of a state-of-the-art liquefied natural gas (LNG) export facility with a projected capacity of up to 20 million tonnes per annum (MTPA) pending a waterway suitability assessment and overall Federal approval.

Port Fourchon, known for its strategic location and robust infrastructure, will serve as the ideal site for Argent LNG's ambitious project. The 144-acre lease agreement underscores Argent LNG's commitment to advancing the LNG industry and supporting global energy demands with a focus on sustainability and efficiency.

Key Highlights:

Strategic Location: Port Fourchon is a critical hub for the energy industry, offering unparalleled access to global markets and established infrastructure, making it the perfect location for Argent LNG's development.

State-of-the-Art Facility: Upon receiving Federal approval, the planned up to 20 MTPA LNG facility will incorporate the latest in liquefaction technology, ensuring high efficiency and low carbon intensity, aligning with global efforts towards cleaner energy solutions.

Economic Impact: The development of this facility is expected to bring significant economic benefits to the region, including job creation and increased local investment, further cementing Port Fourchon's role as a vital energy hub.

Quotes:

Jonathan Bass, CEO of Argent LNG: "We are thrilled to partner with the Greater Lafourche Port Commission to develop our LNG facility at Port Fourchon. This lease agreement marks a significant milestone in our journey to provide reliable and sustainable energy solutions. We are committed to leveraging the unique advantages of this location to meet the growing global demand for LNG."

Chett Chiasson, Executive Director of the Greater Lafourche Port Commission: "We are excited to welcome Argent LNG to Port Fourchon. This project aligns with our mission to support and enhance the energy industry while bringing economic growth to our community. We look forward to a successful partnership and the positive impact this development will have on our region." (www.argentlng.com)

About Argent LNG: Argent LNG is a forward-thinking energy company focused on the production and distribution of liquefied natural gas (LNG). With a commitment to sustainability and innovation, Argent LNG aims to meet the world's growing energy needs while reducing environmental impact.

About Greater Lafourche Port Commission: The Greater Lafourche Port Commission is dedicated to the economic development of Port Fourchon and the surrounding region. The Commission strives to provide exceptional service and infrastructure to support the needs of the energy industry and enhance the local economy. (https://portfourchon.com)

For more information, please visit www.argentlng.com.

jonathan bass
Argent LNG, LLC
email us here
Visit us on social media:
X
LinkedIn


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.