Energy and infrastructure assets developer and operator Glenfarne Group has announced that its Magnolia LNG export terminal development project had received a five-year permit extension from the US Federal Energy Regulatory Commission (FERC).
As per the extension received, Magnolia LNG is expected to begin terminal operations by April 2026.
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Simultaneously, FERC also gave permit extension for the Kinder Morgan pipeline that will supply feed gas to Magnolia LNG.
Magnolia LNG is an eight million tonnes per annum (mtpa) LNG export business. The project has already received Federal Energy Regulatory Commission (FERC) approval.
The 115-acre project site sits on the Industrial Canal near the Port of Lake Charles, Louisiana, US.
Magnolia LNG will receive natural gas from the existing Kinder Morgan Louisiana Pipeline (KMLP) and will pretreat, liquefy and store the LNG onsite for export and domestic purpose.
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By GlobalDataGlenfarne founder and managing partner Brendan Duval said: “At 8.8 million tonnes per annum from a four train mid-scale design, we believe Magnolia LNG has the right size and scope to best compete in the current and future LNG market and is well-positioned to meet global demand starting in the middle of this decade.
“Our LNG customers will transact with Magnolia LNG knowing they will receive LNG from one of the lowest-cost, most reliable, and most efficient terminals on the US Gulf Coast.”
In June, Glenfarne acquired Magnolia LNG export terminal development project through Glenfarne’s newly formed subsidiary Magnolia LNG.
As part of the transaction, Glenfarne also acquired Magnolia LNG’s patented optimised single mixed refrigerant (OSMR) liquefaction technology.
The OSMR technology is a low-cost, highly efficient process that is configured to generate lower GHG emissions compared to other conventional LNG technologies.
