US firm Grand Isle LNG is planning to start production of liquefied natural gas at its proposed floating LNG production project offshore Louisiana in 2026.
Grande Isle LNG revealed this in a statement posted on its website on June 1.
The proposed deepwater port, located some 21 kilometers south of Grand Isle, Louisiana in Plaquemines Parish, is a platform-based modular design, according to the firm.
Moreover, the FLNG terminal developer says its pipeline access and its nearshore location “will result in one of the least expensive and safest operations on the market today.”
Importantly, Louisiana energy workers will make all platforms and many components of the facility in the Gulf of Mexico, Grand Isle LNG said.
Located in federal waters of the West Delta Blocks in depths ranging from 20 to 22 meters, Grande Isle LNG plans to build the facility in two phases.
When complete, the plant will consist of a crew quarters platform, two gas treatment platforms, two 2.1 million tons per annum liquefaction platforms, two loading platforms, one thermal oxidizer platform, and two 155,000-cbm storage and offloading vessels, Grand Isle LNG said.
“Because the deepwater port licensing application will be sanctioned by MARAD, it will go through a rigorous and comprehensive review by numerous federal and state agencies that will ensure the planned facility is compliant with all environmental and safety requirements,” it said.
Grand Isle LNG says its management team represents experienced engineers, scientists, and entrepreneurs with more than 120 years combined work experience in oil and gas development, including offshore platform finance, construction, and operations.
Grand Isle LNG’s CEO, Robert Shivers, has over 35 years experience designing and managing complex platform projects in the Gulf of Mexico and the North Sea for Texaco and also ATP Oil & Gas, the company’s website shows.
Also, the company’s president David Chung is the founder and former CEO of Annova LNG.
In 2021, Exelon’s Annova LNG decided to discontinue the development of its proposed 6.5 mtpa liquefaction facility in Brownsville, Texas.