Energy Transfer targets end-2025 FID on Lake Charles LNG plant
Energy Transfer LP is targeting final investment decision (FID) on its 16.45-million tonne/year (tpy) Lake Charles LNG plant in Calcasieu Parish, La., by end-2025. The company last month signed a heads of agreement (HoA) with MidOcean Energy LLC to jointly develop the project (OGJ Online, Apr. 10, 2025). It also agreed to sell a Japanese utility 1 million tpy of offtake and signed an HoA with a German utility for offtake of another 1 million tpy.
The company last year agreed to supply LNG to Chevron USA Inc. with 2 million tpy of LNG from the Lake Charles plant for a 20-year term (OGJ Online Dec. 20, 2024). Other offtake agreements include a 20-year deal with Shell NA LNG LLC for 2.1 million tpy, another 20-year pact with Gunvor Singapore Pte. Ltd. for 2 million tpy, and a 25-year agreement with China Gas Holdings Ltd. for 700,000 tpy, all signed in 2022.
Energy Transfer places its total committed volumes at 10.4 million tpy and says it is targeting 15 million tpy before taking FID. It is in discussions for its remaining uncommitted offtake.
The company last year let an engineering, procurement, and construction contract for Lake Charles LNG to KTJV, a KBR and Technip Energies joint venture (OGJ Online, Sept. 20, 2025). The project entails conversion of an existing regasification terminal.
Christopher E. Smith | Editor in Chief
Chris brings 32 years of experience in a variety of oil and gas industry analysis and reporting roles to his work as Editor-in-Chief, specializing for the last 20 of them in midstream and transportation sectors.