Lantern LNG Offshore Platform
Next Generation LNG Infrastructure

STABILITY IN
A CHANGING WORLD

A 10.5 MTPA fixed platform LNG facility setting new standards for cost efficiency, reliability, and execution certainty.

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Blueprint
Project Overview

FIXED PLATFORM
INNOVATION

Lantern LNG is a 10.5 MTPA liquefaction and storage facility located approximately 12 miles off the coast of Matagorda, Texas. Unlike floating LNG concepts, Lantern utilizes proven fixed platform technology commonly used in offshore oil and gas production.

By leveraging a modular, platform-based design, we eliminate the need for massive onshore storage tanks, dredging, and complex civil works—resulting in one of the lowest cost LNG projects in the US market.

Nearshore Advantage

Direct access to clean feedgas with minimal pipeline buildout.

Streamlined Permitting

Operating under the efficient MARAD Deepwater Port License process.

10.5
MTPA
Total Capacity
3
Trains
Liquefaction Units
12
Miles
Offshore Distance
2028
Q3
Target FID
Strategic Location

PIPELINE CONNECTIVITY

Direct access to major gas hubs including Tres Palacios and Katy Enstor via firm transportation on Transco.

Google
Map data ©2026 Google, INEGI
Map data ©2026 Google, INEGI
World-Class Partners

POWERED BY PROVEN TECHNOLOGY

Lantern LNG leverages an end-to-end solution from investment-grade partners, ensuring bankability and execution certainty.

Honeywell Integration

End-to-End Integration

A fully integrated solution from Honeywell (S&P A-rated) reduces interface risk and ensures seamless operation.

Honeywell UOP

Gas Treatment

Industry-leading pre-treatment modules ensuring optimal gas quality for liquefaction.

Honeywell Air Products

Liquefaction Technology

Proven Dual Mixed Refrigerant (DMR) process technology for high efficiency and reliability.

Honeywell HPS

Control & Cybersecurity

Integrated control room and advanced cybersecurity solutions for safe operations.

Baker Hughes

Turbines & Compressors

LM9000 mechanical drive turbines and LM2500+G4 power generation units.

Competitive Edge

WHY LANTERN LNG?

Our unique fixed platform approach combined with strategic location and partnerships creates a distinct advantage in the global LNG market.

Low Cost Leader

One of the lowest cost US LNG projects on a $/MTPA basis, competitive with the best brownfield expansions.

Financial Strength

Robust returns relying solely on contracted revenues (SPA) with no merchant exposure.

Streamlined Permitting

MARAD Deepwater Port License process offers a statutory 356-day timeline, faster than FERC.

100% Firm Transport

Direct access to Permian and Eagle Ford basins via Transco with minimal lateral buildout.

Execution Plan

DEVELOPMENT TIMELINE

A phased approach to 10.5 MTPA, with train-by-train FID ensuring manageable capital deployment and execution.

Phase 1
Target FID
Q3 2028
Target COD
Q2 2031
  • Common Accommodation Platform
  • Gas Treatment Platform
  • Liquefaction Platform
  • 2 Loading Platforms
  • 2 FSUs
Phase 2
Target FID
Q3 2030
Target COD
Q2 2033
  • Gas Treatment Platform
  • Liquefaction Platform
  • Loading Platform
  • 1 FSU
Phase 3
Target FID
Q3 2031
Target COD
Q2 2034
  • Gas Treatment Platform
  • Liquefaction Platform
  • No Loading Platform
  • No FSU
Leadership

EXPERIENCED MANAGEMENT

A team with decades of accumulated experience in LNG project execution, offshore design, and energy finance.

David Chung

Former President of Grand Isle LNG and CEO of Annova LNG. 29 years of industry experience including leadership roles at Macquarie Energy, Constellation Energy, and Merrill Lynch.

Chief Executive Officer

David Chung

Chief Technical Officer

VP at a top LNG EPC company with ~25 years experience. Industry-recognized SME leading engineering strategy and technical execution. Previously Process Engineering Dept Manager.

Executive Leadership

Chief Technical Officer

Newell Blair

Founder of BK Advisory. 12 years experience in energy M&A and project finance. Previously at Whitehall & Co, Merit Capital, Osaka Gas, and DOE Loan Portfolio Office.

Chief Financial Officer

Newell Blair

Bryan Speck

Former VP of BD for Grand Isle LNG and CFO for Oban Power. 10 years experience in energy project development and commodities trading.

Chief Commercial Officer

Bryan Speck

Josh Sutton

Co-founder of Bison Fuels. 20 years experience in development, finance and M&A. Previously General Counsel at Solugen and Senior Counsel to Saudi ARAMCO.

Chief Legal Officer

Josh Sutton

Chief Regulatory Officer

25+ years leading environmental and regulatory processes for LNG and offshore projects. Currently leads regulatory strategy for a modular advanced nuclear project.

Executive Leadership

Chief Regulatory Officer

Latest Updates

PROJECT NEWS

November 05, 2025
Site Selection Confirmed: Matagorda, Texas

Following extensive feasibility studies, Lantern LNG confirms the selection of its nearshore site 12 miles off the coast of Matagorda.

Read More
Get in Touch

CONTACT LANTERN LNG

For investor inquiries, media requests, or general information about the Lantern LNG project, please contact us.

Headquarters

4100 Greenbriar Dr
Suite 259
Houston, TX 77098

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