Magnolia LNG plans to construct and operate four liquefaction production trains, with each of them having a capacity to produce 2 million tonnes per annum (mtpa).

Besides, the company also received an approval for air permit from the Louisiana Department of Environmental Quality (LDEQ).
Liquefied Natural Gas Limited (LNGL) managing director and chief executive officer, Greg Vesey said: "Both of these items are important milestones as we progress the Magnolia LNG project towards a final investmen t decision.

"We look forward to the US Department of Energy (DOE) processing Magnolia LNG’s pending application to export LNG to countries that do not have a free trade agreement (FTA) with the United States."

FERC has also given its approval for necessary installations at Kinder Morgan Louisiana Pipeline (KMLP Pipeline) for full transportation of full feed gas volumes to the Magnolia LNG project.

The Magnolia LNG project includes construction and operation of two 160,000m3 full containment storage tanks, ship, barge and truck loading facilities, and supporting infrastructure.

The construction of the project will be carried out by KBR-SKE&C joint venture (KSJV) under a lump sum turnkey EPC contract.
Vesey added: "Our primary focus remains to complete marketing of Magnolia LNG’s offtake capacity, finalize financing arrangements, and progress towards construction."

In February, Magnolia had entered into an agreement with Meridian LNG Holdings to extend the financial close date condition precedent for the LNG project in Lake Charles to 31 December 2016 from 30 June 2016.