Argent LNG Announces Long-Term Lease Agreement with Greater Lafourche Port Commission for Development of up to 20 MTPA Facility at Port Fourchon

PORT FOURCHON, LA - Argent LNG is pleased to announce the signing of a long-term lease agreement with the Greater Lafourche Port Commission, securing 144 acres of prime land at Port Fourchon. This strategic agreement paves the way for the development of a state-of-the-art liquefied natural gas (LNG) export facility with a projected capacity of up to 20 million tonnes per annum (MTPA) pending a waterway suitability assessment and overall Federal approval.

Port Fourchon, known for its strategic location and robust infrastructure, will serve as the ideal site for Argent LNG's ambitious project. The 144-acre lease agreement underscores Argent LNG's commitment to advancing the LNG industry and supporting global energy demands with a focus on sustainability and efficiency.

Key Highlights:

Strategic Location: Port Fourchon is a critical hub for the energy industry, offering unparalleled access to global markets and established infrastructure, making it the perfect location for Argent LNG's development.
State-of-the-Art Facility: Upon receiving Federal approval, the planned up to 20 MTPA LNG facility will incorporate the latest in liquefaction technology, ensuring high efficiency and low carbon intensity, aligning with global efforts towards cleaner energy solutions.
Economic Impact: The development of this facility is expected to bring significant economic benefits to the region, including job creation and increased local investment, further cementing Port Fourchon's role as a vital energy hub.

Quotes:

Jonathan Bass, CEO of Argent LNG: "We are thrilled to partner with the Greater Lafourche Port Commission to develop our LNG facility at Port Fourchon. This lease agreement marks a significant milestone in our journey to provide reliable and sustainable energy solutions. We are committed to leveraging the unique advantages of this location to meet the growing global demand for LNG."

Chett Chiasson, Executive Director of the Greater Lafourche Port Commission: "We are excited to welcome Argent LNG to Port Fourchon. This project aligns with our mission to support and enhance the energy industry while bringing economic growth to our community. We look forward to a successful partnership and the positive impact this development will have on our region."

About Argent LNG: Argent LNG is a forward-thinking energy company focused on the production and distribution of liquefied natural gas (LNG). With a commitment to sustainability and innovation, Argent LNG aims to meet the world's growing energy needs while reducing environmental impact.

About Greater Lafourche Port Commission: The Greater Lafourche Port Commission is dedicated to the economic development of Port Fourchon and the surrounding region. The Commission strives to provide exceptional service and infrastructure to support the needs of the energy industry and enhance the local economy and environment.

For more information, please visit www.argentlng.com.

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COMMUNITY OPEN HOUSE SET FOR MAY 17TH

May 8, 2025

Cut Off, LA – The Greater Lafourche Port Commission and Port Fourchon are celebrating its 65th anniversary with an open house event on May 17 th at the GLPC Administrative Office, 16829 East Main Street. This free event will run from 11 a.m. to 4 p.m. and feature food, music, goodie bags (while supplies last) and a first-come, first-served opportunity to board buses for tours of the airport and port. Port Commission President John Melancon, Jr. said, “We are thrilled to celebrate this milestone with everyone. This is a celebration for all those who support us and the amazing things that happen at the GLPC and Port Fourchon every day!” While the previous two events focused on celebrating our tenants and users at both the airport and Port Fourchon , the grand finale will serve to salute the local community and those who support the GLPC and Port Fourchon in other ways. “Covid caused tons of disruptions and heartache for many out there, and we certainly were no different,” GLPC Executive Director Chett Chiasson said. “Fortunately, we get to make good on our 65th anniversary this year. Many individuals have played a pivotal role in helping us reach this important milestone, so this is definitely an event we are looking forward to as we welcome our community to visit us.” The open house is being hosted by the GLPC Board of Commissioners, which include Melancon, Jr. (President, Seat G), Kris Callais (Vice President, Seat I), Harris “Chuckie” Cheramie, Jr. (Secretary, Seat A), Rodney J. Gisclair, Jr. (Treasurer, Seat D), Jimmy “T-Jim” Lafont (Board Member, Seat C),Charles “Mike” Callais (Board Member, Seat H), Reggie Ledet (Board Member, Seat E), Thomas “Tom” Pitre III (Board Member, Seat B), and Chad Callais (Board Member, Seat F). The Greater Lafourche Port Commission, a political subdivision of the state of Louisiana, facilitates the economic growth of the communities in which it operates by maximizing the flow of trade and commerce. We do this to grow our economy and preserve our environment and heritage. The Port Commission exercises jurisdiction over the Tenth Ward of Lafourche Parish, south of the Intracoastal Waterway, including Port Fourchon and the South Lafourche Leonard Miller, Jr. Airport (GAO).

GLPC Elects Board Officers

By Thad Angelloz • February 12, 2025

At the February 12, 2025 board meeting, the Greater Lafourche Port Commission (GLPC) board elected its officers. The board elected John “T-John” Melancon, Jr. as President, Kris Callais as Vice President, Harris “Chuckie” Cheramie, Jr. as Secretary, and Rodney Gisclair, Sr. as Treasurer.

GLPC Board Begins New Term as Calendar Turns to 2025

By Thad Angelloz • January 8, 2025

At the Greater Lafourche Port Commission (GLPC) board meeting, the newly elected and incumbent members were sworn in for the 2025-2030 term by Louisiana Attorney General Liz Murrill.