HOUSTON — Freeport LNG could break ground on its initial two liquefaction trains within a matter of weeks, a major contractor working on the project told investors Thursday.
Last week, federal regulators authorized Freeport LNG to begin site preparation and start building the trains and pre-treatment facilities at the export terminal in Quintana, Texas.
Freeport LNG’s partners have not yet made their final investment decision on the project.
On a conference call with financial analysts Thursday, Philip Asherman, chief executive of CB&I said he plans on attending a groundbreaking for the initial two initial trains in early November.
Last year, a joint venture between CB&I and Zachry Industrial won two contracts — each worth $2.5 billion — to build the first two liquefaction trains.
A spokeswoman for Freeport LNG did not immediately respond to a phone call and e-mail asking about the construction timeline.
Three liquefaction trains are planned for the facility. The project has conditional approval from the federal government to export 1.8 billion cubic feet per day of natural gas to countries that lack free-trade agreements with the United States.
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