In the early 2000s, Freeport LNG was founded through entrepreneurial spirit and keen business sense. When the concept of our organization as an LNG import facility began to take shape in 2002, we did not expect that, years later, a 180-degree shift in U.S. natural gas supply would position us to lead the future of U.S. LNG exports as well. We are quick to rise to the challenge. Despite an abrupt market turn, our entrepreneurial, yet conservative business model allowed us to maintain economic stability while many in the industry struggled.
Enter opportunity—the shale gas revolution. Current estimates indicate that the U.S. has sufficient natural gas supplies for over one hundred years. That’s where we come in: the place where know-how and perseverance meet opportunity.
The daily LNG output from Freeport LNG's three liquefaction trains is enough to power and light a metropolitan area the size of San Antonio for an entire day.
The combination of ample reserves and low prices create excellent conditions for the U.S. gas market to become a source for LNG exports.
Freeport LNG's three liquefaction trains produce 17 mtpa of LNG. The company's liquefaction terminal is the largest point of demand for natural gas in Texas.
Led by a team with hundreds of years of combined experience in the energy industry, Freeport LNG is a leading supplier of LNG to world markets.
World-Class Customers
We have contracts to supply baseload LNG to Osaka Gas, JERA (an alliance between Tokyo Electric and Chubu Electric), BP, Total Energies. and SK E&S: a total of 13.4 mtpa of production capacity under 20-year use-or-pay liquefaction tolling agreements.
What 2.2 Bcf of LNG Equivalent per Day Means
Building a facility that will produce enough LNG to supply energy for a city of 2.5 million people for an entire day is a massive and expensive undertaking. However, the project’s benefits and far-reaching economic impacts are equally impressive. Approximately 30,000 new permanent jobs are expected to be created across the U.S. to support the exploration and production of feed gas supplied to our facility. The complete economic benefits of exporting the contracted 17 mtpa of LNG from the U.S. are estimated between $5.5 billion and $8 billion annually.
Location, Infrastructure and Technology Advantages
