Tellurian Inc. and Bechtel Oil, Gas and Chemicals, Inc. have entered into four fixed price, lump sum turnkey agreements totalling US$15.2 billion. The agreements concern the engineering, procurement and construction (EPC) of Driftwood LNG, an LNG export facility proposed near Lake Charles, Louisiana, US.
Driftwood LNG includes:
- 20 liquefaction units, each expected to produce up to 1.38 million tpy of LNG.
- Liquefaction technology from Chart Industries' Integrated Pre-cooled Single Mixed Refrigerant (IPSMR®) process.
- 20 GE refrigeration compressors, each driven by GE aero derivative natural gas turbines.
- Three 235 000 m3 full containment LNG storage tanks.
- Three marine loading berths.
The LNG export facility will be constructed in four phases, with each phase beginning operations on a staggered basis:
- Phase one: Up to 11 million tpy of LNG from eight units, storage tanks 1 and 2, loading berth 1 and related utilities.
- Phase two: Up to 5.5 million tpy of LNG from four units, loading berth 2 and related utilities.
- Phase three: Up to 5.5 million tpy of LNG from four units, storage tank 3, loading berth 3 and related utilities.
- Phase four: Up to 5.5 million tpy of LNG from four units and related utilities.
President and CEO of Tellurian, Meg Gentle, commented: "The agreements with Bechtel guarantee performance and secure the EPC cost of Driftwood LNG at US$550/t, one of the lowest cost liquefaction construction projects worldwide. Execution of the lump sum, turnkey EPC agreements concludes 18 months of open collaboration among Bechtel, Chart Industries, GE and Tellurian.”
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/14112017/driftwood-lng-project-makes-progress/