Houston-based Freeport LNG has hit two key permitting milestones in recent weeks bringing its proposed new 5 million metric ton liquefaction plant on the Gulf Coast closer to fruition.The Federal Regulatory Energy Commission last week gave Freeport LNG permission to build a fourth liquefaction plant at its facility on Quintana Island about 70 miles south of Houston on the Gulf Coast. And on Tuesday, the U.S. Department of Energy gave the company permission to export LNG from the new plant, a important step needed for the company to sell into Asian markets where demand for LNG is expected to grow.
Source: FuelFix
