OIL - Argent LNG Announces Long-Term Lease with Greater Lafourche Port Commission for Development of up to 20 MTPA Facility | Benzinga
METAIRIE, La., June 25, 2024 /PRNewswire/ -- 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 ...