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Freeport LNG develops the United States’ LNG export capacity by transforming an existing import terminal on Quintana Island into a liquefaction and LNG export facility. Its main business is to liquefy natural gas into LNG and ship it to customers worldwide. The facility’s first three production units (trains) will add about 15 million metric tonnes per year of liquefaction capacity, with Train 4 under development, enabling it to export large volumes of LNG. The process involves cooling natural gas to a liquid form and loading it onto LNG carriers for transport. Freeport LNG differentiates itself by converting an import terminal into an export hub, building world-class customer relationships, and emphasizing job creation, economic growth, community engagement, and environmental stewardship. Its goal is to become one of the first and largest LNG exporters from the United States, expanding capacity to strengthen U.S. trade and contribute to global energy markets.
Industries
Industrial & Manufacturing
Energy
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$1B
Headquarters
Houston, Texas
Founded
2002
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Total Funding
$1B
Above
Industry Average
Funded Over
1 Rounds
Freeport LNG to spend $7,000,500.00 to occupy 57,513 square feet of space in Houston Texas. Freeport LNG to spend $7,000,500.00 to occupy 57,513 square feet of space in Houston Texas.Houston, Texas — According to state and local development sources, Freeport LNG plans to invest $7,000,500.00 to build out 57,513 square feet of new space in Houston. The company plans to occupy the new space at 333 Clay Rd. Suite 4310 in Houston, on or about March 1, 2026. According to the company website Freeport LNG: Taking U.S. Natural Gas Global The shale gas revolution in the late 2000s marked a turning point in the U.S
HOUSTON, May 21, 2025 /PRNewswire/ -- Freeport LNG Development, L.P. (Freeport LNG) today announced that the third of the company's three LNG storage tanks has been returned to service with the approval of the Pipeline and Hazardous Materials Safety Administration and the Federal Energy Regulatory Commission. The storage tank had been offline for nearly three years after LNG piping to the tank was damaged in the June 8, 2022 incident at Freeport LNG's natural gas liquefaction and LNG export facility. Freeport LNG has worked collaboratively with local, state and federal regulators and other key stakeholders in every aspect of the company's incident recovery effort. Returning the third LNG storage tank safely back into service is the final phase of the company's recovery and restoration work that followed the incident. "Today is a significant milestone for Freeport LNG as it marks the completion of the physical restoration of our facility after the June 8, 2022 incident. Getting to this point would not have been possible without the hard work and diligence of our employees and contractors," said Michael Smith, Freeport LNG Founder, Chairman and CEO. "Freeport LNG has emerged from this incident as a more resilient company, with an enhanced safety focus based largely on process safety management initiatives implemented across the organization after the June 8th incident. While the physical restoration is complete, our efforts in continuous improvement in process safety and operational excellence will continue each day. Safety remains Freeport LNG's top priority
Freeport LNG to spend $8,875,000.00 to occupy 48,104 square feet of space in Houston Texas. Freeport LNG to spend $8,875,000.00 to occupy 48,104 square feet of space in Houston Texas.Houston, Texas — According to state and local development sources, Freeport LNG plans to invest $8,875,000.00 to build out 48,104 square feet of new space in Houston. The company plans to occupy the new space at 717 Texas Ave. Levels 25 and 26 in Houston, on or about October 1, 2024. According to the company website Freeport LNG: Taking U.S. Natural Gas Global The shale gas revolution in the late 2000s marked a turning point in the U.S
Ukrainian servicemen get ready to repel an attack in Ukraine's Lugansk region on February 24, 2022. . [+] - Russian President Vladimir Putin launched a full-scale invasion of Ukraine one year ago that has killed thousands and forced millions to flee for their lives. (Photo by Anatolii STEPANOV / AFP) (Photo by ANATOLII STEPANOV/AFP via Getty Images) AFP via Getty ImagesThe year-old war in Ukraine has had far-reaching impacts on energy markets over the past year, redrawing the global map of oil and gas flows and creating a new boom market for U.S. producers.Europe has shown that it can live without Russian oil and gas, reducing Russian imports to below 20% of total consumption. The EU primarily has the United States to thank for the flexibility to achieve that rapid transition without throwing the continent’s economy into chaos.U.S
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Industries
Industrial & Manufacturing
Energy
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$1B
Headquarters
Houston, Texas
Founded
2002
Find jobs on Simplify and start your career today