Monday, December 24, 2012

[Marine] Pangea eyes FLNG in US

 Pangea eyes FLNG in US

Pangea LNG (North America) Holdings, LLC is to file an application with the US Department of Energy for the authorization to export 8 million tonnes per annum of LNG worldwide from South Texas LNG Export project.

Late last month the FLNG developer had announced that it has begun the process of seeking approvals necessary to build a liquefied natural gas export facility on Corpus Christi Bay in South Texas.

Then Pangea has filed an application with the U.S. Department of Energy seeking authority to export up to eight million metric tons per year of liquefied natural gas to all current and future countries with which the U.S. has a Free Trade Agreement.

Now it also files a similar application for LNG exports to any country with which the U.S. does not have a Free Trade Agreement in effect.

The project is located in the city of Ingleside on the La Quinta Ship Channel which is part of the Port of Corpus Christi. The project will be known as South Texas LNG Export.

The South Texas LNG Export project will require federal, state and local regulatory approval. The U.S. Federal Energy Regulatory Commission (FERC) is the lead agency in the permitting process.

If this process moves forward on schedule the South Texas LNG terminal could be in operation by 2018. Floating LNG production facility and onshore facility will be utilized.

Published : December 21, 2012

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