Argent LNG Signs Deal with Ukraine for Liquefied Natural Gas Exports

Argent LNG, a Metairie, Louisiana-based company, has signed an agreement with Ukraine's state-owned Naftogaz Group to explore supplying liquefied natural gas from its proposed Lafourche Parish export terminal.

The proposed terminal plans to distribute up to 25 million metric tons of LNG annually, equal to the planned production capacity of Argent's facility at Port Fourchon. This agreement is part of Argent's strategy to secure overseas customers before construction begins.

Argent has also secured supply agreements with Turkey and Bangladesh to serve European and Asian markets. The company will use prefabricated modular units, manufactured offsite and shipped to Port Fourchon on heavy-lift vessels, to reduce construction time by 30%.