Meridain LNG process

Gas Supply & Liquefaction

Gas supply 1

On July 22nd 2015, Meridian LNG signed a 20 year, 1.7 million tonne per annum (mtpa) liquefaction tolling capacity agreement with LNG Limited, the developer of the Magnolia LNG facility in Lake Charles, LA ( Meridian LNG anticipates expanding the offtake to 2.0 mtpa.  Meridian LNG is also in discussions for the supply of a further 1.4 mtpa for delivery from 2020.

Direct Energy - In April 2015 Meridian LNG also signed a Gas Supply and Aggregator Services MoU with Direct Energy a subsidiary of Centrica PLC. For supply into Magnolia via the existing Kinder Morgan pipeline system. Discussions are ongoing with domestic natural gas producers with the goal of securing a large proportion of the required 300 mmscfd (million standard cubic feet of gas per day) feed gas supply at prices related to LNG offtake.