New Offshore Terminal Designs May Expedite LNG Deliveries

Wednesday, June 11, 2003
In the wake of announcements by the Federal Reserve about the need for more natural gas, Saipem Group, Single Buoy Moorings, Bluewater Offshore, Spectrum Energy Services, Hoegh LNG and Aker Kvaerner will discuss radically new concepts for receiving terminals at an industry meeting in Houston, June 19 and 20. "The LNG industry has typically required at least five years to put new supply chains into place. With local community opposition to onshore terminals running high, these lead-times may grow even longer," said Bob Nimocks, president of Zeus Development Corporation, a company that is conducting industry research to investigate new designs. "Consequently, the industry is searching for other ways to get gas into pipeline grids, and terminals located far offshore are one such way." Two proposed liquefied natural gas (LNG) terminals -- one in the Gulf of Mexico and one offshore California -- will use existing infrastructure to expedite construction and operation. The LNG can come from distant gas reserves located as far away as West Africa and Australia. The Gulf of Mexico terminal proposed by Freeport-McMoRan Sulphur LLC will use a large surface platform built as part of an offshore sulfur mine. The company is preparing a Deepwater Port license application to receive and process LNG and compressed natural gas shipments. The facility will be able to store very large amounts of natural gas underground. Vice President David Landry will provide a review of the project during the Houston conference, which is entitled LNG: Non-Traditional Concepts for Receiving and Regasification. The proposed California terminal will use a depleted gas-production platform connected to an undersea pipeline offshore Oxnard. Crystal Energy has signed a long-term lease to use Platform Grace, set in federal waters 11 miles offshore. Bill Perkins, president of the company, will provide a cost build up of their project during the conference. In addition to these two projects, numerous new designs -- running the spectrum from manmade islands, to permanently moored floating storage ships, to modified LNG tankers that can pump and vaporize LNG directly into subsea pipelines -- will be presented.
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Bollore Africa Logistics Sees Profit Plunge in H1

First half 2014 profit at shipping company Bollore Africa Logistics plunged to 5.89 billion CFA francs ($11.48 million) from 9.45 billion CFA francs in the same period last year,

Ocean Rig, Petrobras Agree to $1.1b Drill Ships Lease

Cyprus-based Ocean Rig UDW Inc said on Monday that it signed a $1.1 billion three-year contract with Brazil's state-run oil company, Petroleo Brasileiro SA, to

Thrustmaster Announces Factory Expansion

Thrustmaster of Texas, a manufacturer of commercial marine propulsion products, signed a deal last week to expand its Houston-based production facility by 100,000 sqft (93,000 sq m).

Offshore

Ocean Rig, Petrobras Agree to $1.1b Drill Ships Lease

Cyprus-based Ocean Rig UDW Inc said on Monday that it signed a $1.1 billion three-year contract with Brazil's state-run oil company, Petroleo Brasileiro SA, to

GAO: Ending Crude Export Ban Could Ease 'Price at the Pump'

As the energy profile of the U.S. continues to improve and evolve daily, fresh debate in favor of exporting oil and gas products -- which would have a significant impact on the U.

Autonomous Technology for Offshore Wind Farm

ASV Ltd in association with Planet Ocean Ltd, have received funding from the GROW:OffshoreWind initiative to investigate how the use of Autonomous Surface Vehicles

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Offshore Oil Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1338 sec (7 req/sec)