MARAD Approves Deepwater Port License for $8.2b LNG Project

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.

This story was originally published by MarineLink. Read the full story at MarineLink →