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GLS advances MPEH LNG export project

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LNG Industry,

Global LNG Services (GLS) has made significant progress with its Main Pass Energy Hub™ (MPEH) Deepwater Port project; owned by its US subsidiary MPEH LLC and located 16 miles offshore southeast Louisiana in the Gulf of Mexico. Two LIQUI-MAX™ vessels, capable of producing a total of 24 million tpy of LNG, will be permanently stationed at MPEH.

GLS’ patented LIQUI-MAX™ vessel design uses all industry standard equipment in a unique configuration, allowing expanded throughput, and results in an unprecedented capex below US$400/t of annual liquefaction capacity. GLS’ patented cost advantage enables it to introduce a floating tolling fee model with a floor rate of Henry Hub +15% and US$1.50/million Btu for pre-processing and liquefaction – and 50/50 sharing of the liquefaction netback value above the US$1.50 level.

Gas will be sourced through interstate pipelines and pre-processed onshore in the Louisiana, Mississippi, and Alabama region.

Baker Hughes – a GE Company (BHGE) was selected by GLS for both its technology and extensive experience in LNG equipment and services. The LM9000 gas turbine leverages scale to provide effective LNG solutions, thanks to its higher power output on a smaller footprint, its best-in-class efficiency and the latest Dry Low Emission (DLE) technology. The LM9000 development, led by BHGE, is the latest of a proven legacy of building robust gas turbines from world-class aircraft engines.

“We are pleased that the LM9000 has been selected by GLS for their project and we are confident that this gas turbine, developed leveraging on 30 years of experience in LNG, will serve a next generation of floating LNG plants” said Rod Christie, President and CEO, Turbomachinery & Process Solutions, BHGE.

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