Press release

26 June, 2018 - GLOBAL LNG SERVICES ADVANCES ITS MAIN PASS ENERGY HUB™ LNG EXPORT PROJECT AND SELECTS BAKER HUGHES, A GE COMPANY, FOR ROTATING EQUIPMENT (Download here)

The GLS Vision & Mission

Global LNG Services (GLS) was established to lower the global cost of energy and Liquefied Natural Gas (LNG), while improving the quality of the environment, and reducing the risk of severe climate change. GLS believes that we, as global citizens, have a duty to drive the beneficial role of gas – to promote solutions and policies that will increase gas supply, while making prices lower and more stable – to meet the climate challenge with gas – not coal – as the primary back-up for renewables. Lower costs for production of LNG will facilitate the development of a global LNG and gas market.

The GLS mission is to develop and deliver a physical platform and economic model that can ensure continued reduction in liquefaction costs. GLS is mobilizing leading companies in the oil, gas and technology sectors dedicated to delivering low cost, safe and environmental friendly gas solutions. A world with multiple sources of gas and LNG will enjoy robust supplies. Security of supply and low prices will substantially benefit household incomes.

 

About GLS

Global LNG Services (GLS) was established in 2013 to develop a new global standard in terms of the cleanest, safest, lowest risk, and lowest cost, floating liquefaction system for delivery of LNG. This effort has led to the development of Coastal Liquefaction Storage and Offloading vessels (CLSOs) for producing LNG from landlocked natural gas in coastal areas – The LIQUI-MAX™ (LM) System. GLS will own and operate LIQUI-MAX Vessels on long term charters to LNG export project owners, as well as develop LNG export projects independently.

GLS first project is the Main Pass Energy Hub LNG export project. The Main Pass is located in the US Gulf of Mexico, offshore of Louisiana. The project will employ two LIQUI-MAX Vessels, with a total LNG production capacity of 24 million ton per annum.

Timeline

Timeline