Argent LNG
Argent LNG is developing a 25 MTPA LNG export terminal at Port Fourchon, Louisiana, using Baker Hughes NMBL modular liquefaction technology, targeting long-term take-or-pay supply agreements with governments and utilities across Europe, Asia, and emerging markets, with Phase 1 operations slated for 2030.
- Company typePrivate
- Founded2017
- HeadquartersMetairie, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Argent LNG does
Argent LNG is a privately held US LNG export development company developing a world-scale 25 MTPA liquefied natural gas export facility at Port Fourchon, Louisiana, under a 90-year land lease with the Greater Lafourche Port Commission. The company was originally initiated in 2017 as Fourchon LNG, a subsidiary of Energy World, and was rebranded under Argent LNG in 2024 after Argent secured site control and restructured the project. The company is headquartered in Metairie, Louisiana, with operations centered on Port Fourchon, and targets Phase 1 commercial operations of 12 MTPA by early 2030, with full buildout of 25 MTPA in Phase 2.
The facility is built on Baker Hughes' NMBL modular liquefaction technology powered by five LM9000 gas turbines—the first US Gulf Coast terminal designed entirely around this architecture. Pre-fabricated modules are factory-tested at Baker Hughes facilities in Italy before shipment to Port Fourchon, reducing on-site construction complexity by approximately 30% relative to conventional LNG terminals. The technology stack integrates Honeywell UOP gas pretreatment, ABB electrical and automation systems (including iCenter powered by Cordant for real-time monitoring and lifecycle optimization), and GTT membrane containment systems for LNG storage.
Argent LNG's commercial model targets governments and utilities in emerging markets and energy-importing regions through an enterprise field-sales motion, with approximately 80% of production to be sold under long-term take-or-pay contracts with creditworthy counterparties and 20% reserved for spot and short-term sales. Offtake progress includes a January 2025 Heads of Agreement with the Government of Bangladesh for up to 5 MTPA and a May 2026 MOU with Turkey's BOTAŞ state energy company for supply into Turkey and broader Europe. The project requires an estimated $18 billion in total capital, with Phase 1 representing approximately $10 billion, financed through offtake-backed project finance rather than traditional equity rounds.
Argent LNG firmographics
Firmographics- Name
- Argent LNG
- Legal name
- Argent LNG, LLC
- Website
- https://argentlng.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Argent LNG is developing a 25 MTPA LNG export terminal at Port Fourchon, Louisiana, using Baker Hughes NMBL modular liquefaction technology, targeting long-term take-or-pay supply agreements with governments and utilities across Europe, Asia, and emerging markets, with Phase 1 operations slated for 2030.
- Ownership category
- akta.pro rank
Argent LNG industry classification
Industry- Product category
- LNG Export Infrastructure
- NAICS
- Industrial Gas Manufacturing (32512)
- SIC
- Natural Gas Transmission (4922)
- akta.pro primary industry
- LNG Liquefaction Plants (Onshore & FLNG) (EUALAFAA)
- akta.pro secondary industries
- LNG Liquefaction (Export Terminals) (EUAAACAE), LNG Storage, Terminals & Bunkering (Peak Shaving, Small-Scale LNG) (EUALAFAD), LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG) (EUALAEAD), LNG Import/Export Terminals (Liquefied Natural Gas) (TLAHABAL)
Keywords
Where Argent LNG is headquartered
LocationHeadquarters
- HQ city
- Metairie
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Argent LNG business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- LNG Export Sales - Long-term Contracts: Approximately 80% of production secured through long-term take-or-pay agreements with creditworthy counterparties including governments and utilities, ensuring stable cash flows.
- LNG Export Sales - Spot and Short-term: Approximately 20% of volumes available for spot and short-term sales to capture opportunities in dynamic global markets.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Argent LNG product offering
Product offeringCore offering
Argent LNG is developing a world-scale 25 MTPA liquefied natural gas (LNG) export terminal at Port Fourchon, Louisiana, with Phase 1 targeting 12 MTPA and commercial operations in early 2030. The facility uses Baker Hughes NMBL modular liquefaction technology powered by LM9000 gas turbines to produce LNG from U.S. natural gas and export it to international buyers across Europe, Asia, Latin America, and the Middle East. Approximately 80% of production is secured under long-term take-or-pay contracts with governments and utilities, with the remaining ~20% available for spot and short-term sales.
Product overview
Argent LNG operates as a next-generation LNG export platform with a single flagship facility at Port Fourchon, Louisiana. The core offering is the 25 MTPA LNG export terminal (expandable from initial 12 MTPA Phase 1), which integrates multiple technology modules including Baker Hughes NMBL™ modular liquefaction trains powered by LM9000 turbines, Honeywell UOP gas pretreatment systems, ABB electrical/automation/digital control systems with iCenter™ powered by Cordant™, and GTT membrane LNG storage tanks. The facility also offers distribution services to 40+ countries across four continents.
Differentiator
Problem solved
Functional benefit
Products and services
- Argent LNG Export Terminal A world-scale 25 MTPA liquefied natural gas export facility at Port Fourchon, Louisiana, designed to deliver LNG to global buyers across four continents. Phase 1 targets 12 MTPA with expansion to 25 MTPA in Phase 2.
- LNG Export and Distribution Services Long-term LNG supply agreements and distribution services targeting markets across Europe, Asia, Latin America, and the Middle East, with a 5 MTPA long-term agreement signed with Bangladesh and an MOU with BOTAŞ of Turkey.
Quantifiable outcome
- 25 MTPA total export capacity, scalable from initial 12 MTPA
- +4 more outcomes
Companies that use Argent LNG
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Argent LNG technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Argent LNG partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered strategic offtake partner, commercial advisor, strategic partner, core epc partner, core technology partner, flagship offtake partner, technology partner, engineering partner, legal/regulatory advisor, legal counsel, technical advisor, environmental advisor, location partner and development partner.
- BOTAŞ (Turkish State Energy Company)strategic offtake partnerTurkish state energy company signed MOU to establish LNG supply framework from Port Fourchon to Turkey with ambitions to expand distribution across Turkey and wider Europe. Positions Turkey as regional energy anchor amid geopolitical instability.
- Tideline Energy Advisorscommercial advisorLeads gas supply and midstream strategy supporting commercial build-out of upstream portfolio. Justin Brady, Managing Consultant at Tideline, appointed to lead gas supply and midstream strategy including negotiating Gas Supply Agreements and establishing pipeline connectivity.
- Syria Energy Consortiumstrategic partnerArgent LNG is part of a consortium with Baker Hughes, Hunt Energy, and TAQA for oil and gas exploration in northeastern Syria, covering approximately four to five exploration blocs. Project aims to aid Syria's energy infrastructure recovery after years of war.
- Tecnimont (Maire Group)core epc partnerItalian engineering firm serving as integrated engineering service provider for FERC permitting, FEED, and EPC execution. Strategic entry into global LNG market, marking Tecnimont's first LNG export project. Collaboration aims to establish a modular, replicable, and financeable LNG infrastructure platform.
- Baker Hughescore technology partnerPrimary technology provider for liquefaction trains and LM9000 gas turbines. Baker Hughes provides modular NMBL LNG solution powered by LM9000 gas turbines, power generation units, and multi-year services to support terminal operations. Modules pre-fabricated and tested at Baker Hughes facilities in Italy before shipping to Port Fourchon.
- Bangladesh (BIDA/Petrobangla)flagship offtake partnerGovernment of Bangladesh signed heads of agreement for purchase of up to 5 million tonnes per year of LNG. Deal signed by Ashik Chowdhury, Executive Chairman of BIDA, and Jonathan Bass, CEO of Argent LNG, at Bangladesh Embassy in Washington, D.C.
- Honeywell UOPtechnology partnerProvides industry-leading gas pretreatment solutions that remove impurities and optimize feed gas quality for reliable liquefaction performance, reduced maintenance risk, and compliance with stringent international LNG specifications.
- GTT (Gaztransport & Technigaz)technology partnerFrench technology company supplying advanced membrane containment systems for LNG storage tanks, known for efficiency, safety, and proven performance with modular design improving thermal efficiency.
- ABBtechnology partnerProvides integrated electrical, automation, and digital systems including unified platform for advanced control, real-time monitoring via iCenter powered by Cordant, and lifecycle optimization across the facility.
- GIS Engineeringengineering partnerGulf Coast-based engineering firm leading 'below-the-bolts' design scope including civil infrastructure, coastal engineering, and regulatory coordination for the Port Fourchon project.
- K&L Gateslegal/regulatory advisorLeading regulatory filings with FERC and DOE. Advises on global energy, infrastructure, and project development matters including finance and regulatory strategy.
- Baker Botts L.L.P.legal counselLegal counsel providing expertise in energy, infrastructure, and regulatory matters for the project.
- Blue Engineeringtechnical advisorTechnical and waterway analysis firm supporting resource reports, waterway suitability, and technical development of the project's modular design.
- Perennial Environmental Servicesenvironmental advisorEnvironmental and permitting services leading resource reporting and stakeholder engagement to support federal and state permitting requirements.
- EPIAS (Enerji Piyasalari Isletme A.S.)strategic partnerTurkey's gas and electricity exchange. Strategic cooperation agreement to strengthen US LNG supply, storage, and regional market integration across Southeast and Central Europe through competitive, transparent, and secure access to US LNG.
- Port Fourchon (Greater Lafourche Port Commission)location partner90-year land lease for development of up to 25 MTPA LNG export facility at Port Fourchon. GLPC oversees the port and provides strategic support for the project, positioning Louisiana as a major energy hub.
- Worleydevelopment partnerPreviously selected as EPC and development partner for the project. Key team members announced for Port Fourchon facility development.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Argent LNG competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Argent LNG social profiles
Digital presenceArgent LNG financial estimates
Financial estimateRevenue estimate
Valuation estimate
Argent LNG leadership team
Management profileNumber of profiles
Profiles1 record
Argent LNG funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Argent LNG M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Argent LNG
What does Argent LNG do?
Argent LNG is developing a world-scale 25 MTPA liquefied natural gas (LNG) export terminal at Port Fourchon, Louisiana, with Phase 1 targeting 12 MTPA and commercial operations in early 2030. The facility uses Baker Hughes NMBL modular liquefaction technology powered by LM9000 gas turbines to produce LNG from U.S. natural gas and export it to international buyers across Europe, Asia, Latin America, and the Middle East. Approximately 80% of production is secured under long-term take-or-pay contracts with governments and utilities, with the remaining ~20% available for spot and short-term sales.
Is Argent LNG a public or private company?
Argent LNG is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Argent LNG founded?
Argent LNG was founded in 2017. It employs 11 to 50 people.
Where is Argent LNG based?
Argent LNG is headquartered in Metairie, United States, in the North America region.
How does Argent LNG make money?
Two revenue lines are on record. LNG Export Sales - Long-term Contracts are the primary driver. The others are LNG Export Sales - Spot and Short-term.
Does Argent LNG have an API?
No public API is recorded for Argent LNG.
What industry is Argent LNG in?
Argent LNG's product category is LNG Export Infrastructure. Its primary akta.pro industry code is EUALAFAA, LNG Liquefaction Plants (Onshore & FLNG), with a secondary code of EUAAACAE, LNG Liquefaction (Export Terminals). Its NAICS code is 32512 and its SIC code is 4922.