Initially due for completion by May 2023, the first extension from FERC pushed the completion date to May 2026 and then August 2028, with the latest extension granted through 1 December 2031
The US’ Federal Energy Regulatory Commission (FERC) has granted an extension request from Freeport LNG to build and commission its fourth LNG train at its Texas-based LNG export facility.
FERC said Freeport LNG is actively marketing the Train 4 project and “engaging in discussions with a number of potential off-takers” and requested an additional 40 months from the existing 1 August 2028 deadline.
“The appplicants assert that, due to the upfront, long-term commercial commitments required to be made by LNG customers, and the unique nature of financing LNG projects, certainty regarding the applicants’ ability to complete the Train 4 project construction by the inservice deadline is essential for the commercialisation of the Train 4 Project. Therefore, the applicants request an extension of time until 1 December 2031,” a letter from FERC said.
FERC granted Freeport LNG’s request based on the case history and lack of comments or protests filed.
