ST LNG plans US floating LNG project

ST LNG plans to develop a floating liquefaction project with a capacity of up to 8.4 mtpa offshore Matagorda, Texas.

According to the Maritime Administration, MARAD and the US Coast Guard (USCG) recently received an application from ST LNG for the proposed development.

MARAD stated that the application proposes the ownership, construction, operation, and eventual decommissioning of the ST LNG deepwater port terminal, to be located approximately 10.4 nautical miles (19.2 kilometers) offshore of Matagorda, Texas.

When fully realized, the project would involve four 2.1 million tonnes per annum (mtpa) liquefaction systems installed in the Brazos Outer Continental Shelf Lease Block 476 (BA-476), in approximately 65 to 72 feet of water.

The application said that the proposed ST LNG deepwater port would consist of fixed and floating components.

These components would include a 5.5-mile, 30-inch pipeline lateral with a connection hub, four feeder lines to the connection hub, four gas treatment platforms, four liquefaction platforms, four accommodation and utility platforms, four LNG transfer platforms, thirty-six mooring dolphins, four converted LNG carriers, and three tugs.

Moreover, the LNG supplies would be loaded onto standard LNG carriers with cargo capacities between 125,000 and 180,000 cubic meters for export to free trade agreement (FTA) and non-FTA nations.

Four phases

The project would be completed in four phases.

Phase 1 construction would include three large platforms (a gas treatment platform, an LNG liquefaction platform, and an accommodations and utility platform), one LNG transfer platform, nine mooring dolphins, one floating storage unit (FSU), and interconnected lateral pipelines.

Also, each phase would produce 2.1 mtpa of LNG.

The feed gas supply to the project would originate from the Tres Palacios natural gas storage and trading hub and the Williams Markham gas processing plant in Texas through the existing Transco 30-inch pipeline.

Also, the gas supplies would be transported to the project via a new 5.5-mile, 30-inch lateral pipeline to an interconnection hub at the deepwater port.

From the hub, four feeder lines would transport the gas to each phase of the deepwater port.

Management

ST LNG’s website shows that Sharad Tak is the CEO of the company, Alap Shah is the president, and Barry Reisig is the CFO.

Tak has more than 40 years of experience as an entrepreneur, while Shah was previously New Fortress Energy’s managing Director of FLNG development, the website shows.

Shah conceptualized and executed NFE’s FAST LNG program involving multiple liquefaction trains on various marine infrastructures from 2021-2024.

The first train of 1.4 mtpa is installed and commissioned offshore Altamira, Mexico, on jack-up rigs.

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