Freeport LNG could go public, says CEO

Freeport LNG could go public, says CEO

Freeport LNG Development CEO Michael Smith said he expects his company to launch an initial public offering in the future. 

Smith told Bloomberg he expects that Freeport LNG would be a $10 billion-plus public company at some phase during the construction of the facility.

The construction of the $14 billion facility is about to start next month with first exports expected to leave Freeport LNG in 2018.

Smith holds 57.5% of the Freeport LNG with Dow Chemical owning a 7.5% stake. Osaka Gas holds 10% while Global Infrastructure Partners earlier bought 25% stake previously held by Zachry American Infrastructure and Hastings Funds Management.


LNG World News Staff, October 8, 2014; Image: Freeport LNG

Share this article

Follow LNG World News

2 thoughts on “Freeport LNG could go public, says CEO”

  1. Pingback: otis

Comments are closed.


<< Jan 2019 >>
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Gas to Power APAC Congress 2019

The Gas to Power APAC Congress will bring together regional government officials and senior representatives from regulators…

read more >

Global LNG Forum 2019

Global LNG Forum is your opportunity to see what the future of LNG will be like…

read more >


LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association, China Gas Society, The Chinese Association of Refrigeration and China Gas Association.

read more >