Excelerate Energy, The Woodlands, Tex., has filed a formal application with the US Federal Energy Regulatory Commission requesting authorization to construct, own, and operate a floating LNG (FLNG) export facility to be built south of Point Comfort, Tex.
Pending FERC’s approval, the facility is expected to be operational in fourth-quarter 2018.
“We continue to make strong progress on all fronts and hope to make a final investment decision within the next 12 months,” said Rob Bryngelson, Excelerate president and chief executive officer.
The facility will consist of a permanently moored floating liquefaction, storage, and offloading unit (FLSO) with a production capacity of 4.4 million tonnes/year and LNG storage of 250,000 cu m, along with a fully integrated, on-shore gas processing plant.
The facility will interconnect to the region’s existing pipeline system to obtain natural gas and liquefy it onboard the unit. The project will be designed and permitted with the potential for expansion and the addition of a second FLSO over time for a total production capacity of as much as 10 million tonnes/year, the company said.
The US Department of Energy previously granted Excelerate permission to export to free-trade agreement nations. The company filed for non-FTA approval in October 2012.
Excelerate is fourth on the list of applicants that DOE is currently processing.