The Maritime Administration has approved a deepwater port license application for the $8.2 billion ST LNG project, US Transportation Secretary Sean Duffy said on Wednesday.The project could further expand US liquefied natural gas export capacity.
The Maritime Administration has approved a deepwater port license application for the $8.2 billion ST LNG project, US Transportation Secretary Sean Duffy said on Wednesday.
The project could further expand US liquefied natural gas export capacity. President Donald Trump's administration has promised to ease permitting in a bid to speed up energy infrastructure development.
The ST LNG deepwater port, set to be built about 10.4 miles (16.7 km) offshore Matagorda, Texas, will include four 2.1 million tonnes per annum liquefaction plants for a combined production capacity of 8.4 mtpa, the US Department of Transportation said.
The project is still in a relatively early phase but some of its proponents have been involved in the development of other projects including New Fortress Energy's Fast LNG project.
Construction is expected to begin in 2027, with the port expected to come online in 2029. The location of the project is expected to move vessel traffic away from more congested onshore areas, reducing vessel collisions and safety risks, the department added.
The US is the world's largest LNG exporter with more than 100 mtpa of production capacity in service and close to another 100 mtpa under construction. The feed gas for the port will
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