Bechtel to deliver 27.6 MMtpy Driftwood LNG project for Tellurian
HOUSTON — Bechtel announced it has signed four lump-sum turnkey agreements with Driftwood LNG LLC, a Tellurian company, to deliver one of the world's lowest-cost liquefaction construction projects near Lake Charles, Louisiana.
Construction of the Driftwood LNG project is expected to begin in 2018 with the first LNG produced in 2022, subject to Tellurian making a Final Investment Decision and a permit from the US Federal Energy Regulatory Commission.
The four agreements cover four phases of the construction process, as production plants are progressively brought online. At full capacity, the facility will produce up to 27.6 MMtpy of LNG.
Bechtel has delivered 42 LNG trains on 17 projects in 10 countries. The milestone includes the delivery of three LNG trains to customers in Australia and the United States in 2017 alone, adding some 13.5 MMtpy of LNG to the global energy market. Today, production on Bechtel-built facilities accounts for 30% of global LNG capacity.
The US Energy Information Administration (EIA) reported in April that the US set records for natural gas production in 2017.
- Energy Web Atlas
Since market reforms first started in 1978, China has shifted from a centrally planned economy to a market-based economy, experiencing rapid economic and social development.
Russia aims to ally with Qatar in LNG competition with Australia and other LNG-exporting majors over the coming years.
GasPro 2.0: A Webcast Symposium
The global LNG industry is becoming increasingly interconnected as grassroots export projects get off the ground. Another technology route for processing gas into fuels—GTL—is attracting renewed attention due to improving economics. Small-scale solutions for both LNG and GTL are at the forefront of new technological developments, while major projects using more conventional technologies continue to start up around the world.
During this webcast, we will focus on LNG, GTL, gas processing technology developments and deployments, operations, small-scale solutions, transportation, trading, distribution, safety, regulatory affairs, business analysis and more.
October 25, 2018 08:30 AM CDT