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 location for
Argent LNG's development.
State-of-the-Art Facility: Upon receiving Federal approval, the
planned up to 20 MTPA LNG facility will incorporate the latest in
liquefaction technology, ensuring high efficiency and low carbon
intensity, aligning with global efforts towards cleaner energy
solutions.
Economic Impact: The development of this facility is expected to
bring significant economic benefits to the region, including job
creation and increased local investment, further cementing Port
Fourchon's role as a vital energy hub.
Quotes:
Jonathan Bass, CEO of Argent LNG:
"We are thrilled to partner with the Greater Lafourche Port
Commission to develop our LNG facility at Port Fourchon. This lease
agreement marks a significant milestone in our journey to provide
reliable and sustainable energy solutions. We are committed to
leveraging the unique advantages of this location to meet the
growing global demand for LNG."
Chett Chiasson, Executive
Director of the Greater Lafourche Port Commission: "We are excited
to welcome Argent LNG to Port Fourchon. This project aligns with
our mission to support and enhance the energy industry while
bringing economic growth to our community. We look forward to a
successful partnership and the positive impact this development
will have on our region." (www.argentlng.com)
About Argent LNG: Argent LNG is a forward-thinking energy
company focused on the production and distribution of liquefied
natural gas (LNG). With a commitment to sustainability and
innovation, Argent LNG aims to meet the world's growing energy
needs while reducing environmental impact.
About Greater Lafourche Port Commission: The Greater Lafourche
Port Commission is dedicated to the economic development of Port
Fourchon and the surrounding region. The Commission strives to
provide exceptional service and infrastructure to support the needs
of the energy industry and enhance the local economy.
(https://portfourchon.com)
Media Contacts:
Chett C. Chiasson, MPA
Executive Director
P: 985-632-6701
F: 985-632-6703
Jonathan Bass
379583@email4pr.com
LinkedIn: https://www.linkedin.com/in/jonathan-bass-a3bba069
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SOURCE Argent LNG, LLC