Press Release Louisiana LNG Energy Selects Bechtel as FEED Contractor
HOUSTON - September 30, 2014 - Louisiana LNG Energy, LLC (“LLNGE”), has selected Bechtel Oil, Gas and Chemicals, Inc. (“Bechtel”) to provide front-end engineering and design (“FEED”) for LLNGE’s mid- scale LNG export terminal currently under development in Louisiana along the Mississippi River (the “Project”). The Project, which is expected to be online in late 2017, has initial export capacity of 2.0 million tonnes per annum (“MTPA”), possesses deep-water access for very large gas carriers (VLGC), and utilizes modular construction for speed to market and further expansion.
“Bechtel brings world-class expertise in the engineering, design and construction of LNG liquefaction projects coupled with leadership in modularization and Gulf Coast self-perform work,” said Jim Lindsay, chief executive officer of LLNGE.
“The selection of Bechtel is another milestone for LLNGE and evidence of the growing momentum behind the Project,” said Carter Ward, partner of ArcLight Capital Partners, LLC, which is providing funding to LLNGE.
About Louisiana LNG Energy
LLNGE is developing an LNG Natural Gas Liquefaction Facility south of New Orleans at Mile Marker 46 LDB, on the Mississippi River. The initial phase of the facility will be developed in Plaquemines Parish, Louisiana and is designed to produce approximately 2.0 MPTA with the capability for further expansion. The Project will serve export markets as well as domestic markets, delivering emissions-compliant fuels as an alternative to diesel fuel. Visit www.louisianaLNGenergy.com for more information.
About ArcLight Capital Partners, LLC
ArcLight is one of the leading private equity firms focused on North American energy infrastructure assets. Since its establishment in 2001, ArcLight has invested over $12 billion across multiple energy cycles in more than 87 power, midstream and production assets. Headquartered in Boston, Massachusetts with an additional office in Luxembourg, the firm’s investment team brings extensive energy expertise, industry relationships, and specialized value creation capabilities to its portfolio. More information about ArcLight, as well as a complete list of ArcLight’s portfolio companies can be found at http://www.arclightcapital.com.
Contact
ArcLight Capital Partners, LLC Heidi Milne, Director of Public Relations 617-531-6304