Live Oak LNG LLC, a subsidiary of Parallax Energy LLC, Houston, will invest $2 billion to develop a 5-million tonne/year liquefaction plant and LNG export terminal on the Calcasieu Ship Channel near Lake Charles, La. The terminal will include two 130,000-cu m storage tanks and will be able to accommodate what the company described as standard-sized LNG carriers. The project will lie on the west bank of the Calcasieu Ship Channel, southwest of Lake Charles, on a roughly 350-acre tract.
Live Oak said it will begin the US Federal Energy Regulatory Commission permitting process within the next few weeks, targeting a late-2016 construction start and a late-2019 in-service date.
Magnolia LNG LLC, a wholly owned subsidiary of Liquefied Natural Gas Ltd., Perth, last year filed an application with FERC seeking authorization for an LNG liquefaction and export plant on the Calcasieu River (OGJ Online, May 1, 2014). The company last month signed a gas pipeline interconnect agreement with Kinder Morgan Louisiana Pipeline LLC and expects to receive all regulatory approvals this year and begin LNG exports second-half 2018.
Magnolia LNG will use four 2-million tpy trains for a total 8-million tpy liquefaction capacity.