Freeport LNG Expects to Make Final Investment Decision on Train 3 Next Week
Posted on Apr 22, 2015 in Financing, Liquefaction, LNG Exports | Comments Off on Freeport LNG Expects to Make Final Investment Decision on Train 3 Next Week
Argus Media reports that Freeport LNG chief executive Michael Smith stated yesterday that a final investment decision (FID) is expected next week on LNG liquefaction Train 3 at Freeport LNG’s export terminal on Quintana Island, near Freeport, Texas. According to the report, South Korean utility SK E&S and Japanese company Toshiba have each signed contracts for 2.2 million tonnes/year, starting when Train 3 production comes on line.