Freeport Mcmoran Energy Llc News

United LNG, LP and Petronet LNG Limited, India's largest LNG importer, agree to supply LNG from the Main Pass Energy Hub™ project in the Gulf of Mexico. The (conditional) agreement was signed by Petronet LNG Managing Director & CEO, Dr. A.K. Balyan and Stephen Payne, Chairman & General Partner of United LNG, of the United States, at the LNG 17 Conference held in Houston, Texas. The parties said they would continue working toward a final Sales Purchase Agreement to conclude the purchase and sale by the year's end.

Industry consortium wants to utilize McMoRan’s Main Pass Energy Hub™ (MPEH™) as a potential deepwater port facility. United LNG, LP, and Freeport-McMoRan Energy LLC (FME), a subsidiary of McMoRan Exploration Co, are engaged in efforts to utilize McMoRan’s Main Pass Energy Hub™ (MPEH™) as a potential Deepwater Port facility to receive, store, condition, and liquefy domestic natural gas for export as liquefied natural gas (LNG). Natural gas would be received by pipeline at MPEH™, processed, and then transferred to on-site floating vessels for liquefaction and offloading to LNG transport vessels for export to foreign locations. On January 4…

Gov. Kathleen Blanco late on May 5 vetoed a proposed offshore natural gas port over concerns that fisheries in the Gulf of Mexico could be harmed. Blanco had until May 7 to file any objections to a proposed federal license for the Main Pass Energy Hub, a liquefied natural gas terminal being sought by Freeport McMoRan Energy LLC, a subsidiary of New Orleans-based McMoRan Exploration Co. "Until studies demonstrate that the operation of the open rack vaporizer will not have an unacceptable impact on the surrounding ecosystem, I will only support LNG terminals using a closed loop system having negligible impacts to marine life," Blanco said in a letter sent on May 5 to Julie A. Nelson, acting deputy maritime administrator and chief counsel for the U.S. Department of Transportation.