The third 5 Mt/year (6.75 bcm/year) liquefaction train of the Freeport LNG project in Texas (United States) has officially started commercial operations. The Freeport LNG project consists of three 5 Mt/year liquefaction trains, built by McDermott, Zachry and Chiyoda on the site of an existing LNG import terminal. The first train was commissioned in December 2019 and the second one in January 2020. A fourth train - also be rated 5 Mt/year (6.75 bcm/year) - is under consideration and the project developer Freeport LNG Development has secured a US$1bn loan to finance the project; it could be commissioned as of 2023, raising the liquefaction plant's capacity to 20 Mt/year (27 bcm/year).
Around 13.5 Mt/year (18.2 bcm/year) has already been contracted under 20-year tolling agreements to Osaka Gas, JERA (the joint venture of TEPCO and Chubu Electric), BP, Total and SK E&S. Osaka Gas and JERA will each lift 2.3 Mt/year (3.1 bcm/year) of LNG from the first train. An additional 0.5 Mt/year (0.67 bcm/year) will be sold to Trafigura under a 3-year sales and purchase agreement starting in 2020.
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