Tellurian signs agreements with Bechtel to deliver Driftwood LNG
Published by Will Owen,
Editor
LNG Industry,
Tellurian Inc. and Bechtel Oil, Gas and Chemicals, Inc. have entered into four fixed price, lump sum turnkey agreements totaling US$15.2 billion for the engineering, procurement and construction (EPC) of Driftwood LNG, a LNG export facility proposed near Lake Charles, Louisiana.
Driftwood LNG includes:
- 20 liquefaction units, each expected to produce up to 1.38 million tpy of LNG.
- Liquefaction technology from Chart Industries' proprietary 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.
Driftwood LNG will be constructed in four phases, with each phase beginning operations on a staggered basis:
- Phase 1: Up to 11 million tpy of LNG from 8 units, storage tanks 1 & 2, loading berth 1 and related utilities.
- Phase 2: Up to 5.5 million tpy of LNG from 4 units, loading berth 2 and related utilities.
- Phase 3: Up to 5.5 million tpy of LNG from 4 units, storage tank 3, loading berth 3 and related utilities.
- Phase 4: Up to 5.5 million tpy of LNG from 4 units and related utilities.
President and CEO Meg Gentle said, "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. We have worked as a team to reduce construction costs and improve operating reliability and efficiency."
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/13112017/tellurian-signs-agreements-with-bechtel-to-deliver-driftwood-lng/
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