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Freeport LNG Receives Regulatory Approval for Commercial Operations of its Liquefaction Facility
 FINAL Freeport LNG Restart Press Release 022123.pdf

Feb 21st, 2023


FREEPORT LNG RECEIVES REGULATORY APPROVAL FOR COMMERCIAL OPERATIONS OF ITS LIQUEFACTION
FACILITY

Houston, TX, February 21, 2022 – Freeport LNG Development, L.P. (Freeport LNG) today
announced that it has received regulatory approval to commence commercial operations of
the company’s natural gas liquefaction and export facility. Today’s authorization provides
for the immediate full return to service of one liquefaction train, that has already
restarted, and the incremental restart and full return to service of a second train. The
restart and return to service of Freeport LNG’s third liquefaction train will require
subsequent regulatory approval once certain operational conditions are met. A conservative
ramp-up profile to establish three-train production of approximately 2.0 billion cubic
feet per day is anticipated to occur over the next several weeks as stable operation of
each incremental train is established and maintained. Operations are initially utilizing
two of Freeport LNG’s three LNG storage tanks and one of its two LNG berths. The second
LNG berth and third LNG storage tank are expected to return to service in May. First LNG
production and ship loading from the facility began on February 11.

“Returning to liquefaction operations is a significant achievement for Freeport LNG,” said
Michael Smith, Freeport LNG Founder, Chairman and CEO. “Over the past eight months, we
have implemented enhancements to our processes, procedures and training to ensure safe and
reliable operations, and significantly increased staffing levels with extensive LNG and
petrochemical operating experience to reduce overtime, enhance operational excellence, and
improve quality assurance and business performance. Eight months of diligence, discipline
and dedicated efforts by our teams, working collaboratively alongside the regulatory
agencies and local officials, have positioned us to resume LNG production and commence
ramp-up to the safe establishment of commercial operations of our liquefaction facility.”

ABOUT FREEPORT LNG

Freeport LNG is an LNG export company headquartered in Houston, Texas. The company’s three
train, 15 MTPA liquefaction facility is the seventh largest in the world and second
largest in the U.S. Freeport LNG’s liquefaction facility is the largest all-electric drive
motor plant of its kind in the world, making it the most environmentally sustainable site
of its kind. The facility’s electric drive motors reduce carbon emissions by over 90%
relative to gas turbine-driven liquefaction facilities. Freeport plans to expand by adding
a fourth liquefaction train, which has received all regulatory approvals for construction.
Freeport was formed in 2002 to develop, own and operate an LNG terminal on Quintana
Island, near Freeport, Texas. The terminal started LNG import operations in June 2008 and
began LNG export operations in 2019. Further information can be found on Freeport’s
website at www.freeportlng.com.


MEDIA CONTACT: Heather Browne 713.980.2888