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Lloyds Energy files LNG export application with DOE

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LNG Industry,

Lloyds Energy Group LLC has announced that it has submitted a formal application with the Department of Energy (DOE) to export LNG to countries that have a free trade agreement (FTA) with the US from its proposed facility in Calhoun County, Texas, US.

The Lloyds Texas project will be known as Point Comfort LNG, and it is expected that the FTA application will be approved by Spring 2017. Lloyds Energy will use two 4.5 million tpy nearshore floating LNG vessels, as well as additional support barges and onshore facilities.

Philip Holland, Lloyds Energy CEO, said: “Lloyds Energy is strongly positioned to meet client demand, and submitting our Point Comfort LNG FTA application is an important first step towards making the final investment decision.

"The US has an abundant supply of natural gas and the international market has a growing demand for cleaner, more efficient fuel."

Randy Boyd, Calhoun County Port Authority Board Chairman, added: “Our mission at the Calhoun County Port Authority is to stimulate economic development. Point Comfort LNG will bring hundreds of millions of dollars of revenue to the county and state as well as provide hundreds of long-term jobs."

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LNG project news US LNG news LNG export news