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Entergy to supply power to proposed Lake Charles LNG project

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LNG Industry,


Entergy Louisiana has announced that it will supply power to the proposed Lake Charles LNG project, which is based in Southwest Louisiana, US. However, the contract with Entergy is reliant on a positive final investment decision (FID) being taken on the project in 2016. If successful, Entergy could supply up to 255 MW of power for the project.

The LNG project is being developed by BG Group with Energy Transfer Partners and Energy Transfer Equity. Specifically, BG Group will choose the engineering, procurement and construction (EPC) contractor and the managing construction, and will take of charge of LNG offtake from the plant. Meanwhile, Energy Transfer will take ownership of the project, and will be responsible for the financing.

Phillip May, the President and CEO of Entergy Louisiana, said: “This is a large project that is helping to fuel the economic success of the southwestern Louisiana Gulf Coast region. Entergy Louisiana is proud to be a part of that.

“This is truly unprecedented growth and real opportunity for our state to become leaders in LNG exportation."

Ed Jimenez, the Business and Economic Development Director of Entergy Louisiana, said: “Entergy Louisiana provides safe, reliable and affordable power that industrial customers can count on.

“Initially, BG Group and Energy Transfer were planning to self-generate electricity to serve the liquefaction facility; however, Entergy Louisiana worked closely with Lake Charles LNG to have this exciting opportunity to be their electric service provider.”

Edited from press release by David Rowlands

Read the article online at: https://www.lngindustry.com/regasification/05112015/entergy-to-supply-power-to-proposed-lake-charles-lng-project-1587/


 

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