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Released January 06, 2025 | SUGAR LAND
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Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--A new order for the equipment to support liquefaction operations puts the proposed Louisiana LNG facility one step closer to a final investment decision (FID), energy services firm Baker Hughes Company (NASDAQ:BKR) (Houston, Texas) said last week.
Baker Hughes said it secured an order, for unspecified terms, to supply gas technology for liquefaction plants that would have a total design capacity of 11 million tons per year. This would be in support of Woodside Energy Group's (NYSE:WDS) (Perth, Australia) plans to build a new plant dubbed Louisiana LNG, which builds on the U.S. leadership position in exports of liquefied natural gas (LNG).
The order, Baker Hughes said, is significant enough to support Woodside's goal of reaching an FID on the facility at some point during the first quarter.
"We are committed to providing our proven technology to ensure the LNG industry stands ready to meet rapidly growing energy demand," Ganesh Ramaswamy, an executive vice president for energy and industrial technology at Baker Hughes.
Woodside renamed the three-train facility Louisiana LNG after it completed its buyout of U.S. LNG developer Tellurian in October. The facility was formerly named Driftwood. Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Project Database can click here for a full list of detailed reports for projects related to Louisiana LNG.
Tellurian in 2022 secured the permits necessary for the start of construction at the facility planned for Lake Charles, Louisiana. Phase I will be able to export as much as 1.5 billion cubic feet of LNG per day (Bcf/d).
"The award, which includes eight main refrigeration compressors driven by LM6000PF+ gas turbines and eight expander-compressors, leverages Baker Hughes' proven, best-in-class LNG technologies to support Bechtel and Woodside. Baker Hughes' history of working with Bechtel and Woodside will support the delivery of Phase 1 of the project," Baker Hughes said on December 30.
This is the second contract at Louisiana LNG for Baker Hughes after securing a supply deal with Bechtel Corporation (Reston, Virginia) last year. Engineering, procurement and construction (EPC) started in October for all three trains.
Bechtel had already completed the foundations for the compressors by July.
The new contract for Baker Hughes comes amid something of an uncertain time for U.S.-sourced LNG. Outgoing President Joe Biden enacted a now-court-suspended order to pause the development of new LNG facilities while the administration studied the environmental impact up and down the supply chain. President-elect Donald Trump, however, has advocated for more fossil fuels and may overturn Biden's order when he enters office later this month.
The United States is already the clear leader in both natural gas production and LNG exports. The federal government expects total LNG exports will increase by 15% from 2024 levels to average 14 Bcf/d this year.
Data from IIR Energy find feed gas into existing LNG export facilities was at 15 Bcf/d as of Thursday, an increase of 1.3 Bcf/d from the December average. Growth was driven by Cheniere Energy Incorporated's (NYSE:LNG) (Houston) Sabine Pass terminal in Louisiana, the largest LNG export facility by volume, and by the recent launch of the Plaquemines facility in Louisiana from Venture Global LNG (Arlington, Virginia). Subscribers can click here for the Sabine Pass terminal plant profile and click here for the Plaquemines plant profile.
IIR Energy puts total LNG export capacity at 17.3 Bcf/d. Exports were 15 Bcf/d as of Thursday, data show, with about 30% of that coming from Sabine Pass.
Subscribers can click here for the project reports mentioned in this article and click here for the plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
Baker Hughes said it secured an order, for unspecified terms, to supply gas technology for liquefaction plants that would have a total design capacity of 11 million tons per year. This would be in support of Woodside Energy Group's (NYSE:WDS) (Perth, Australia) plans to build a new plant dubbed Louisiana LNG, which builds on the U.S. leadership position in exports of liquefied natural gas (LNG).
The order, Baker Hughes said, is significant enough to support Woodside's goal of reaching an FID on the facility at some point during the first quarter.
"We are committed to providing our proven technology to ensure the LNG industry stands ready to meet rapidly growing energy demand," Ganesh Ramaswamy, an executive vice president for energy and industrial technology at Baker Hughes.
Woodside renamed the three-train facility Louisiana LNG after it completed its buyout of U.S. LNG developer Tellurian in October. The facility was formerly named Driftwood. Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Project Database can click here for a full list of detailed reports for projects related to Louisiana LNG.
Tellurian in 2022 secured the permits necessary for the start of construction at the facility planned for Lake Charles, Louisiana. Phase I will be able to export as much as 1.5 billion cubic feet of LNG per day (Bcf/d).
"The award, which includes eight main refrigeration compressors driven by LM6000PF+ gas turbines and eight expander-compressors, leverages Baker Hughes' proven, best-in-class LNG technologies to support Bechtel and Woodside. Baker Hughes' history of working with Bechtel and Woodside will support the delivery of Phase 1 of the project," Baker Hughes said on December 30.
This is the second contract at Louisiana LNG for Baker Hughes after securing a supply deal with Bechtel Corporation (Reston, Virginia) last year. Engineering, procurement and construction (EPC) started in October for all three trains.
Bechtel had already completed the foundations for the compressors by July.
The new contract for Baker Hughes comes amid something of an uncertain time for U.S.-sourced LNG. Outgoing President Joe Biden enacted a now-court-suspended order to pause the development of new LNG facilities while the administration studied the environmental impact up and down the supply chain. President-elect Donald Trump, however, has advocated for more fossil fuels and may overturn Biden's order when he enters office later this month.
The United States is already the clear leader in both natural gas production and LNG exports. The federal government expects total LNG exports will increase by 15% from 2024 levels to average 14 Bcf/d this year.
Data from IIR Energy find feed gas into existing LNG export facilities was at 15 Bcf/d as of Thursday, an increase of 1.3 Bcf/d from the December average. Growth was driven by Cheniere Energy Incorporated's (NYSE:LNG) (Houston) Sabine Pass terminal in Louisiana, the largest LNG export facility by volume, and by the recent launch of the Plaquemines facility in Louisiana from Venture Global LNG (Arlington, Virginia). Subscribers can click here for the Sabine Pass terminal plant profile and click here for the Plaquemines plant profile.
IIR Energy puts total LNG export capacity at 17.3 Bcf/d. Exports were 15 Bcf/d as of Thursday, data show, with about 30% of that coming from Sabine Pass.
Subscribers can click here for the project reports mentioned in this article and click here for the plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
