US-based Argent LNG has awarded GTT Group a contract to provide liquefied natural gas (LNG) storage technology for its proposed LNG project at Port Fourchon in Louisiana.
The contract will see France’s GTT supply its membrane technology for tanks used to store the super chilled gas.
Argent LNG stated that GTT’s technology ensures top performance, safety and reliability by utilising simplified modular technology.
This approach employs prefabricated containment elements to enhance thermal cycle efficiency and streamline construction, operation and maintenance processes.
These systems will be incorporated into Argent LNG’s storage infrastructure to increase storage capacity and operational efficiency, while reducing environmental impact.
Argent LNG CEO Jonathan Bass said: “We are thrilled to partner with GTT, a company with unparalleled expertise in LNG storage technology.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“This collaboration is crucial for our mission to develop a world-class LNG facility that not only meets but exceeds industry expectations in terms of efficiency and sustainability. GTT delivers end to end solutions from storage to transportation.”
GTT commercial vice-president David Colson said: “We are delighted to work with Argent LNG on this significant project. Our advanced membrane technologies will be key in ensuring the facility’s success and supporting the broader goal of providing cleaner energy solutions globally.”
Last month, Argent LNG signed a long-term lease agreement with the Greater Lafourche Port Commission securing 144 acres of land at Port Fourchon.
Scheduled to start operations in 2029 or 2030, the proposed LNG facility is expected to have a capacity of up to 20 million tonnes per annum (mtpa).
In the first stage, LNG liquefaction trains providing around 10mtpa of liquefaction capacity will be installed.
The projected cost for the initial phase amounts to $10bn. Following this, plans include the development of four additional LNG trains.