About argent lng
ARGENT LNG
In 2024, Argent LNG secured a long-term exclusive lease with the Port of Fourchon, marking a significant milestone in our journey towards becoming a premier LNG producer. With operations slated to commence in 2029/2030, we are poised to make a substantial impact in the LNG industry, both within the United States and on a global scale. Our primary focus is liquefied natural gas (LNG), which will be distributed to markets spanning four continents, catering to the increasing demand for eco-friendly energy solutions worldwide.
At Argent LNG, we invite potential investors, stakeholders, and partners to join us in this transformative venture, contributing to a sustainable energy future and redefining the landscape of LNG production and distribution. We are at the forefront of the shale gas revolution, leveraging abundant reserves and favorable prices to position the U.S. as a leading global LNG export source.
Our liquefaction trains will have the daily capacity to generate LNG output capable of powering and illuminating a community of over 500,000 homes for an entire day. This abundance, combined with competitive prices, positions the U.S. gas market as an attractive source for LNG exports. In line with this market shift, Argent LNG has initiated its liquefaction project, aiming to add over 20 million metric tonnes per annum (mtpa) of liquefaction capacity to its Port Fourchon location, positioning the terminal as one of the largest exporters of natural gas.
Economic Impact:
The economic impacts of our facility are substantial, with an estimated creation of approximately 30,000 new permanent jobs across the U.S. to support feed gas exploration and production. The overall economic benefits of exporting the contracted 20 mtpa of LNG from the U.S. are estimated between $5.5 billion and $8 billion annually.
Location, Infrastructure, and Technology Advantages:
Strategically located near major shale-gas plays and boasting a vast network of gas pipelines, Argent LNG benefits from ideal marine conditions, supportive political and community environments, and existing infrastructure. Our facility will employ an efficient and reliable liquefaction process, supplemented by electricity generated by wind, making it truly green. This unique combination of strategic advantages, operational efficiency, and environmental responsibility positions Argent LNG as a trailblazer in the future of U.S. gas exports to the world.
Our dedication lies in fostering a world with reduced carbon emissions and supporting the energy needs of emerging economies. Through innovative technology and resilient infrastructure development, we aim to establish partnerships with diverse investors and turn our vision into a tangible reality, contributing to a cleaner and more sustainable energy future.
Argent’s Business
While our primary focus at Argent LNG is delivering LNG to our customers, it's our unique approach that sets us apart as a comprehensive LNG service provider. We source natural gas from the robust, transparent, and dynamic North American gas market, transforming it into LNG. This enables our customers to enjoy loading LNG onto their vessels at our Port Fourchon terminal and delivering LNG to regasification facilities worldwide.
A significant portion—about 90%—of Argent's anticipated aggregate LNG production capacity will be secured through long-term take-or-pay agreements with reputable counterparties. This ensures stable cash flows while providing our customers with the reliability they need. The remaining LNG volumes are efficiently sold on the spot market, allowing us to capitalize on market opportunities driven by the dynamic short-term natural gas supply and demand dynamics in global markets.
This distinctive arrangement positions Argent with a harmonious blend of stability and opportunity—secured by long-term contracts while also allowing for flexibility and agility in responding to market dynamics. Additionally, the transportation of natural gas to our LNG facilities is facilitated through third-party pipelines, where we will hold firm transportation capacity, ensuring a reliable and efficient supply chain from source to destination.
What Will Make Argent Different
At Argent, we will provide LNG to customers, but it's our approach that will set us apart. Argent will be a full-service LNG provider.
We will source natural gas from the robust, transparent, and liquid North American gas market, process it into LNG, and offer our customers two convenient options: they can either load the LNG onto their vessels at our terminals, or we will handle the delivery to regasification facilities around the world.
Approximately 90% of Argent’s expected LNG production capacity will be secured through long-term, take-or-pay agreements with creditworthy partners. The remaining LNG volumes will be available for our integrated marketing unit to sell into the market. This strategy will provide Argent with a unique combination of stability and opportunity—ensuring long-term, contracted, stable cash flows, while also allowing us to capitalize on marketing opportunities driven by short-term natural gas supply and demand dynamics in global markets.
Natural gas will be transported to Argent's facilities using third-party pipelines, for which we will secure firm transportation capacity. This reliable infrastructure will ensure a steady supply of natural gas to meet our production needs.