Freeport LNG and Sumitomo sign agreement for liquefaction services
Published by Alex Hithersay,
Editorial Assistant
Hydrocarbon Engineering,
Freeport LNG and Sumitomo Corp. of Americas (SCOA) have jointly announced that they have entered into a binding heads of agreement (HOA) for 2.2 million tpy of LNG.
Under the HOA, SCOA, a subsidiary of Sumitomo Corp., has agreed to negotiate for a 20-year liquefaction tolling agreement (LTA). The LTA is expected to start in 2023 upon the commencement of commercial operations of the fourth train (Train 4) of Freeport LNG's natural gas liquefaction and export facility located on Quintana Island near Freeport, Texas, US.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/06092018/freeport-lng-and-sumitomo-sign-agreement-for-liquefaction-services/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
Advario and Braskem Idesa inaugurate US$500 million ethane storage terminal in Veracruz, Mexico
Developed as a 50 - 50 partnership between the two companies, the terminal marks a major milestone in Mexico’s energy and petrochemical infrastructure.
