“We are pleased that one of the most prominent LNG industry participants has selected Lake Charles LNG as a supplier,” said Tom Mason, President of Energy Transfer LNG. “We believe that Lake Charles is the most compelling LNG project on the Gulf Coast and we continue to make significant progress towards full commercialisation of this project.”
“Chevron believes LNG plays an important role in meeting the world’s need for energy while helping advance lower carbon ambitions,” added Freeman Shaheen, President, Chevron Global Gas. “This new long-term agreement demonstrates our focus on increasing access to affordable, reliable, ever-cleaner energy supplies to meet growing global demand.”
The Lake Charles LNG export facility would be constructed on the existing brownfield regasification facility site and will capitalise on four existing LNG storage tanks, two deep water berths, and other LNG infrastructure. Lake Charles LNG would also benefit from its direct connection to Energy Transfer's existing Trunkline pipeline system that in turn provides connections to multiple intrastate and interstate pipelines. These pipelines allow access to multiple natural gas producing basins, including the Haynesville, the Permian, and the Marcellus Shale. Energy Transfer is one of the largest and most diversified midstream energy companies in North America, with a strategic footprint in all of the major US production basins.
