S&P Global has estimated global LNG demand will reach 627 million tons in 2035, implying nearly 60% growth from 2022.
Argent LNG is poised to play a significant and integral role in both the U.S. domestic and export LNG market. With the capability to pre-treat, liquefy, and store LNG onsite for both domestic consumption and export, our mission is to deliver efficient, clean, and affordable energy to communities of shared values worldwide.
We anticipate serving the following markets:
Export Overseas:
- LNG carriers for international exports.
U.S. Domestic Marine Distribution:
- LNG carriers and barges to facilitate domestic marine distribution.
- Possibility of LNG bunkering services.
Our facility will initially feature 12 MTPA LNG production trains. Strategically located and intersecting with major gas pipelines such as Enbridge, Williams, and Kinder Morgan. Louisiana Gas Pipelines provide our site with additional interconnections to Columbia Gulf, Transco, TETCO, Texas Gas, ANR, Pine Prairie and numerous other pipelines. This strategic positioning enhances accessibility and connectivity for efficient operations and gas distribution.
Globally, countries, communities, and businesses share common goals: productivity, health, and safety. At Argent, our dedication lies in delivering clean, secure, and cost-effective energy worldwide. Our energy solutions not only reduce carbon emissions but also foster cleaner air, illuminate homes, and fuel factories. This objective is realized through contemporary energy infrastructure overseen by a top-tier local and experienced oil and gas workforce.
Global LNG capacity is expected to expand by 25% between 2022 and 2026, with the United States solidifying its position as the world's largest LNG exporter through the construction of new liquefaction plants. Argent LNG is at the forefront of this expansion, driving innovation and sustainability in the LNG industry.
Argent LNG Signs 5 MTPA Off Take
The Government of Bangladesh has signed a transformative heads of agreement (HOA) with Louisiana-based Argent LLC for the purchase of up to 5 million tpy of LNG.
US President Donald Trump’s “Drill, Baby, Drill” energy mandate, promoting the exploration and export of US energy resources, provided the foundation for this agreement. The deal was signed by Ashik Chowdhury, Executive Chairman of BIDA, and Jonathan Bass, Chairman and CEO of Argent LNG, in a ceremony at the Bangladesh Embassy in Washington, D.C on 24 January 2025.
“Petrobangla has been seeking long-term solutions to the rising demand for energy in Bangladesh. This agreement not only ensures a reliable energy supply for Bangladesh’s expanding industrial base but also strengthens our strategic partnership with the US. By embracing the principles of ‘America First’ and ‘Bangladesh First,’ this collaboration highlights a fair, balanced, and mutually beneficial approach that harnesses the strengths of both nations to drive economic growth, regional stability, and shared prosperity for our people,” reported Chowdhury.
“Argent LNG is pleased to announce the signing of a HOA with Bangladesh, marking a significant step in strengthening energy partnerships. This agreement paves the way for the US to supply reliable baseload energy to Bangladesh, enabling the country to expand its ability to grow. This partnership underscores our shared commitment to fostering bilateral and equitable trade, supporting supply chain securitisation, and deepening ties between our two nations,” added Bass.
The signing also featured Chett Chiasson, Executive Director of the Greater Lafourche Port Commission (GLPC), which oversees Port Fourchon, a major energy hub in Louisiana.
“This partnership is a testament to Louisiana’s rich history as an energy powerhouse and its growing role in LNG exports as a critical driver of global energy security. It’s another win for American energy policy, bringing high-paying jobs to Louisiana while bolstering the US' leadership in the global energy market,” commented Chiasson.
The agreement underscores growing energy collaboration between the two nations, reflecting Bangladesh’s role as a rising economic force in South and Southeast Asia and the US’s position as a reliable supplier of clean energy. It is also expected to contribute to global energy transition efforts, reducing reliance on higher-carbon fuels while fostering economic growth.
This landmark initiative reaffirms BIDA’s commitment to fostering impactful international partnerships that drive industrial growth and economic prosperity.