On November 10, Consul General Takaoka attended the Groundbreaking Ceremony of Freeport LNG Liquefaction Project. Participants to the ceremony included Congressman Randy Weber and Texas State Representative Dennis Bonnen, as well as Chairman and CEO of Freeport LNG Development L.P. Michael Smith.
Senator John Cornyn, as well as Senator Ted Cruz sent the congratulatory messages to this milestone ceremony. From Japan, many executives and staff members of the collaborating companies were present, including those from Chubu Electric Power Company, Osaka Gas, Toshiba and Chiyoda International Cooperation, Japan Bank for International Cooperation(JBIC), as well as Nippon Export and Investment Insurance (NEXI). The Freeport LNG respectively signed a 20-year liquefaction tolling agreement with Chubu Electric Power Company, Osaka Gas and Toshiba.
When fully built in 2019 and after an investment of over $14 billion, Freeport LNG’s gas liquefaction and LNG export facilities will be processing over 2 Bcf of gas every day to export more than 13.2 million tons of LNG each year. During its construction period of four-plus years, the project will provide employment to more than 3,500 on-site engineering and construction workers. In addition, Freeport LNG will create more than 250 new full-time positions for operators, maintenance technicians, engineers and administrative staff.