Liquefaction Project Status and Schedule

In 2010, Freeport LNG engaged CH•IV International to work on a pre-FEED study and alternative liquefaction technology evaluation.  As a result of that analysis, Freeport LNG selected Air Products and Chemicals, Inc. (APCI) as the technology provider for their experience and overall performance of their proprietary cryogenic liquefaction process. Freeport LNG also selected Chicago Bridge and Iron (CB&I) and Zachry to complete the engineering and design work necessary to submit an application to the Federal Energy Regulatory Commission by August 2012.

The liquefaction project is expected to take two to three years for engineering and permitting, and four to five years for construction. Freeport LNG filed its formal FERC application pursuant to Section 3 of the NGA in August 2012 and anticipates receiving FERC’s authorization to commence construction by the third quarter of 2013.  By that time the project is also expected to have received authorization from the Department of Energy to export LNG to non-Free Trade Agreement (FTA) countries. A construction schedule of approximately four to five years to completion and start-up of the liquefaction project is then envisaged in 2017.