NEW ORLEANS, Sept. 24, 2018 /PRNewswire/ -- Pointe LNG, LLC (Pointe LNG), has asked the Federal Energy Regulatory Commission (FERC) to initiate pre-filing review for the Company's proposed LNG liquefaction and export facility to be located in Plaquemines Parish, Louisiana on the east bank of the Mississippi River approximately two miles south of Pointe a la Hache, Louisiana.
The facility is to have an initial export capacity of 6 million tons per annum (MTPA), and will be designed using three 2 MTPA modular trains provided by CHART's IPSMR®+ LNG Liquefaction technology. In 2014, a significant portion of the site was previously reviewed by FERC in connection with a previously proposed LNG Export Terminal Project.
"We are pleased to have completed this important step in the permitting process. Due to the site's location on the east bank of the Mississippi River, we have exceptional access to natural gas pipeline capacity which provides access to significant gas supply basins including the Marcellus, Stack & Scoop and Haynesville with minimal pipeline construction requirements," said James Lindsay, the Company's Co-Founder. "Once permitting and final investment decision is reached, our facility will provide invaluable economic benefits to the region, and enhance Louisiana's position as a vital supplier to the world's energy markets."
"We believe that our 600+ acre site will be the most cost-effective LNG project on the Gulf of Mexico. Our site has over 6,500 linear feet of river frontage with an existing water depth of 65 feet, no anticipated dredging requirements, minimal lateral pipelines to construct, and a modular construction technology that will provide considerable process efficiency," said Tom Burgess, the company' s co-founder.
Assuming that various contingencies are satisfied, including Pointe LNG's receipt of financing and all necessary permits and approvals, such that it reaches a final investment decision, construction is expected to begin in the first quarter of 2021 with initial operations expected in the first quarter of 2025.
Pointe LNG is a privately held company based in New Orleans, Louisiana.
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SOURCE Pointe LNG
