The Train One will be built at proposed natural gas liquefaction and LNG loading facility on Quintana Island near Freeport, Texas, US.
The six commercial banks include Bank of Tokyo-Mitsubishi UFJ, Sumitomo Mitsui Banking, Mizuho Bank, Sumitomo Mitsui Trust Bank, Mitsubishi UFJ Trust and Banking, and ING Bank.
Freeport LNG chief executive officer Michael Smith said: "We look forward to commencing construction of the initial two trains of the liquefaction project in the coming weeks and beginning commercial exports in 2018."
Freeport LNG aexpects to also soon announce the execution of definitive agreements for the debt financing needs for its second train facility (Train Two) by its subsidiary, FLNG Liquefaction 2.
Financial close and commencement of construction on Freeport LNG’s third train facility is expected to occur in the first half of 2015.
A joint venture between CB&I and Zachry Industrial was awarded a contract by Freeport LNG to construct the initial two trains of the liquefaction project.
Each liquefaction train will have a design capacity of 4.64 million tons per annum.
The three trains will have an approximately 13.2 million tons per annum of the production capacity, which is contracted under use-or-pay liquefaction tolling agreements with Osaka Gas, Chubu Electric, BP Energy Company, Toshiba and SK E&S LNG.
