Tuesday, November 5, 2024

Michael Smith News

Freeport Ships First LNG Commissioning Cargo

Texas-based LNG terminal operator Freeport LNG Development announced that it has shipped the first LNG commissioning cargo for Train 1 from its liquefaction facility located on Quintana Island in Freeport, Texas.Approximately 150,000 cubic meters of LNG were loaded aboard the LNG Jurojin, which departed from the Freeport LNG terminal on September 3."This first cargo loading is another significant step that gets us one step closer towards our start of commercial operations which is anticipated later this month…

Freeport Signs Initial LNG Offtake Deal with Sumitomo for Train 4

* Privately-owned U.S. liquefied natural gas terminal operator Freeport LNG said it had signed a binding agreement with a U.S.

Freeport LNG Was Not Advised Against Inviting Chinese Investors

The head of Freeport LNG on Friday said that the U.S. Department of Energy did not advise against inviting Chinese investment in the company's Texas export plant, backing down from contradictory claims made on Thursday. Michael Smith, the chief executive of privately-owned Freeport LNG, which is building a plant to export liquefied natural gas to Asia from 2018, said he misspoke on Thursday when during an interview with…

US DOE Discouraged Direct China Investment in US LNG Export

The U.S. Department of Energy discouraged U.S. liquefied natural gas exporters from allowing direct Chinese investment in their projects for fear of political backlash, according to Michael Smith, chief executive at Freeport LNG which is building a plant to export U.S. overseas.     (Reporting By Edward McAllister)