Gulfstream LNG plans mid-scale liquefaction plant in Louisiana

Gulfstream LNG, a new LNG export project developer led by Vivek Chandra, has revealed plans to build a mid-sized greenfield liquefaction plant in Louisiana.

According to a statement issued on Wednesday, Gulfstream LNG has filed an application to the US DOE seeking authorization to export up to four million tonnes per annum (mtpa) of LNG to free trade agreement and non-FTA countries.

This follows Gulfstream LNG’s execution of a long-term lease agreement in Plaquemines Parish, Louisiana, securing a prime location to develop its export project, it said.

Gulfstream LNG’s 500-acre site, which includes over 1.3 km of deepwater Mississippi River frontage, is located south of New Orleans in Louisiana, a state accounting for over 50 percent of US LNG exports.

The leased site is exclusively available through a long-term ground lease and joint development agreement with a private company developing an intermodal container port with the Plaquemines Port, Harbor & Terminal District, Gulfstream LNG said.

Electric LNG plant

Gulfstream LNG’s team is designing the facility based on the use of mid-scale modular liquefaction trains successfully deployed and operating in other liquefaction projects in the region.

Moreover, electrical drives using power generated from low carbon and renewable fuels will drive the liquefaction trains, according to the firm.

“This proven project design will result in reduced cost and schedule risk, manageable local construction requirements, and lower capex than other facilities based on larger and more complex trains,” it said.

First production in less than six years

Gulfstream LNG said it would request the Federal Energy Regulatory Commission (FERC) to begin the pre-filing process after completion of the current initial equity funding round.

Gulfstream LNG expects to be one of the few greenfield projects to be proposed to FERC since 2019.

“First production, anticipated in less than six years, will coincide with forecasted shortfall in global LNG supply exacerbated by recent geopolitical events and natural decline in many legacy facilities,” it said.

The firm said it would evaluate all commercial business models, including tolling by offtake customers and by upstream gas producers, as well as FOB sales and co-production of ammonia.

In contrast to other facilities on the Gulf Coast, Gulfstream LNG plans to service domestic, regional, and international LNG markets via river barges, small ships, bunkering vessels, and large tanker exports, it said.

Gulfstream LNG’s founder and CEO, Vivek Chandra, who previously founded Texas LNG, said in the statement that the DOE application and the recent execution of the site lease agreement are “important milestones” in progressing the Gulfstream LNG project.

“We expect to receive FTA export approval later this year, and non-FTA approval once our FERC application has progressed. In the meantime, we are progressing our engineering and project development efforts, as well as discussions with potential equity investors,” he said.

Most Popular

BGN delivers its first LNG cargo to Germany, secures Egypt deal

Switzerland-based energy trader BGN has completed its first LNG delivery to Germany, while simultaneously securing a deal to supply Egypt with LNG.

Samsung Heavy wins contract for Eni’s Coral Norte FLNG

South Korean shipbuilder Samsung Heavy has secured a preliminary contract for Eni's second FLNG project in Mozambique, Coral Norte (Coral North), according to shipbuilding sources.

Excelerate’s FSRU launched in South Korea

South Korean shipbuilder HD Hyundai Heavy Industries has launched Excelerate Energy’s new floating storage and regasification unit (FSRU).

More News Like This

Gulfstream LNG submits FERC application

Houston-based Gulfstream LNG has officially submitted its FERC application to build its planned onshore export project in Plaquemines Parish, Louisiana.

US small-scale LNG duo agree to merge

US-based small-scale firms United Energy LNG and Power LNG have agreed to merge, creating a small-scale LNG platform that will serve industrial, power, and transportation markets across North America.

Golden Pass LNG seeks re-export approval

Golden Pass LNG, a joint venture owned by energy giants QatarEnergy and ExxonMobil, is seeking approval from the US DOE to export previously imported LNG from October, as it nears the launch of the first liquefaction train.

Spain was top destination for US LNG supplies in April

Spain was the top destination for US liquefied natural gas cargoes in April, according to the Department of Energy’s LNG monthly report.