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.
In the business of hydrocarbon production, accurate accounting of produced fluids and gases is critical from a process control, management and fiscal perspective.
The US East Coast will send out its first LNG exports in early 2018 as Dominion Energy’s Cove Point LNG export facility in Lusby, Maryland becomes operational.
The New LNG Imperative
The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.
November 29, 2017 10am CST
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