Monkey Island LNG Selects ConocoPhillips’ Optimized Cascade® Process Technology
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Monkey Island LNG has selected ConocoPhillips’ Optimized Cascade® Process liquefaction technology for its planned 26 MTPA natural gas liquefaction and export facility in Cameron Parish, Louisiana.
“After an extensive technology selection study and analysis on multiple technologies, Monkey Island LNG selected the Optimized Cascade® process based on its operational flexibility, quick restart capabilities, high efficiency, and proven performance above nameplate capacity. The ConocoPhillips Optimized Cascade Process will enable Monkey Island LNG to provide customers with long-term, secure, and competitively priced LNG supply,” said Greg Michaels, CEO of Monkey Island LNG.
“The decision marks a major milestone in advancing Monkey Island LNG’s mission to deliver TrueCost LNG™ — a radically transparent, cost-efficient model that eliminates hidden fees and aligns incentives across the LNG value chain,” added Michaels.
“ConocoPhillips is pleased to support Monkey Island LNG with our new, mega-module Optimized Cascade template, designed to reduce costs, plot size and overall project risks for our clients,” said Darren Meznarich, who leads ConocoPhillips LNG Technology and Licensing.
The 246-acre project site, located on Monkey Island in Cameron Parish, Louisiana, is strategically positioned with access to both deepwater shipping channels and abundant U.S. natural gas supply. With the integration of Optimized Cascade® technology, Monkey Island LNG is reinforcing its commitment to provide customers and investors with a highly reliable and efficient LNG solution.
Monkey Island LNG is a private company addressing the global energy crisis and growing demand for LNG through the development of critically needed U.S. natural gas infrastructure. Its flagship project, located on Monkey Island in Cameron Parish, Louisiana, sits just 2 miles inland from the Gulf of America near abundant gas supply and features a proven and stable liquefaction technology of COP, an innovative commercial structure, and a low-cost construction plan leveraging an industry-proven EPC contractor.
As a leading global exploration and production company, ConocoPhillips is uniquely equipped to deliver reliable, responsibly produced oil and gas. Their deep, durable, and diverse portfolio is built to meet growing global energy demands. Together with their high-performing operations and continuously advancing technology, they are well positioned to deliver strong, consistent financial results, now and for decades to come.
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