Louisiana’s Argent LNG gets key export approval

(The Center Square) – Argent LNG announced it has received authorization from the U.S. Department of Energy to export up to 25 million metric tons annually – about 3.54 billion cubic feet per day – to countries that have a Free Trade Agreement with the United States.

DOE Order 5447 allows Argent to export liquified natural gas from its proposed shipping terminal at Port Fourchon in Lafourche Parish, located about 70 miles south-southwest of New Orleans, where the company expects to begin operations in the first quarter of 2030.

“We started this company to give allied nations a real alternative to weaponized Russian gas,” Argent Chairman and CEO Jonathan Bass said in a statement. “DOE Order No. 5447 confirms that the alternative is real, it is authorized, and it is coming from Port Fourchon, Louisiana. We will not slow down.”

The LNG export terminal will be built because Argent believes America has “the supply, the obligation, and the will to offer allied nations a real alternative,” Bass added in Read Entire Article