EthosEnergy has won a US$176.8 million contract for first third-party operations and maintenance services for LNG Limited’s Magnolia LNG project in Lake Charles, Louisiana.
Under the contract, the Houston-based service provider for the oil and gas industry will provide mobilization services followed by full care, custody and control of the facility, as well as full responsibility for filling operations of the vessels at the dedicated mooring location adjacent to the facility, the company said in a statement on Tuesday.
Speaking about the contract, Magnolia LNG’s COO, John Baguley said the contract is a “step in our program to transition Magnolia from our current activities focused on permitting and design, into the subsequent construction, commissioning and LNG production phases.”
The project being developed in Lake Charles will have four liquefaction trains each with a capacity to produce 2 mtpa of LNG, two 160,000 cbm storage tanks, ship, barge and truck loading facilities and supporting infrastructure. The construction will be carried out by the KBR‐SKE&C joint venture. Feedgas to the facility will be supplied via the Kinder Morgan Louisiana pipeline.
The project has been given the construction clearance from the United States Federal Energy Regulatory Commission in April.
Commenting on FERC authorization, LNG Limited’s managing director and CEO, Greg Vessey said that the focus now remains on completing the marketing of Magnolia LNG’s offtake capacity, finalizing financing arrangements, upon which a financial investment decision will be made allowing the project to progress to the construction phase.
LNG World News Staff