Freeport’s Train 1 is part of a multi-train liquefaction facility located on Quintana Island near Freeport, Texas.
“This is a significant milestone for Freeport LNG and we now look forward to commencing commercial operations of Trains 2 and 3,” Michael Smith, Founder, Chairman and CEO, Freeport LNG, commented.
“The past few months have brought significant accomplishments for Train 1 of the Freeport LNG project—starting with introduction of feed gas in July, first liquid in August, shipment of first cargo in September and now commercial operation,” Mark Coscio, McDermott’s Senior Vice President for North, Central and South America, said in a separate statement.
As informed, commissioning work for Freeport LNG’s Train 2 continues to progress with commercial operations expected to start in January. Construction on Freeport LNG’s Train 3 is nearly complete with commercial operations expected in May 2020.
Freeport LNG’s three trains are expected to produce in excess of 15 mtpa. A fourth train is in development.
In September this year, Freeport LNG Development said it had raised up to 1.025 billion for its Train 4 project which, combined with a contemplated bank facility, will provide the capital required for the fourth train. According to the company, final investment decision for Freeport LNG’s Train 4 is targeted for the first quarter of 2020.
When Train 4 becomes operational, Freeport LNG will rank as the 8th largest LNG facility globally.
Freeport LNG Development was formed in 2002 to develop, own and operate an LNG terminal on Quintana Island. The terminal started LNG import operations in June 2008.
Freeport LNG’s limited partnership interests are ultimately held by Michael Smith, Global Infrastructure Partners, and Osaka Gas.