Market Opportunity and Location Advantage
OVERVIEW
Development and Timeline
Origins
The project was originally initiated in August 2017 by Fourchon LNG, a subsidiary of Energy World, which filed an application with the Federal Energy Regulatory Commission (FERC) to develop an LNG export terminal at Port Fourchon, Louisiana. Early-stage development included completion of a Waterway Suitability Assessment and initial regulatory engagement.
Project Transition
Following the expiration of Fourchon LNG’s site control, Argent LNG secured a long-term 90-year lease with the Port of Fourchon. This marked a significant step forward in advancing the project under new leadership and a revised development approach.
Current Progress and Next Steps
Argent LNG is actively progressing the project through key development milestones, including advancement of environmental and resource reports, ongoing FERC and Department of Energy (DOE) permitting processes, gas supply planning, and project financing. Construction is expected to begin in 2027 and will be executed in phases, with initial commercial operations targeted for 2030.