El Paso Announces Development of a Shipboard LNG Regasification System

Wednesday, May 08, 2002
El Paso Global LNG, a subsidiary of El Paso Corporation announced the development of EP Energy Bridge(TM), a new ship-based liquefied natural gas (LNG) regasification system. Using proven offshore buoy technology to moor the ship and proprietary technology to regasify LNG onboard the ship and discharge it through a subsea pipeline, EP Energy Bridge(TM) enables flexible, environmentally safe, and cost-effective delivery of natural gas directly to coastal regions eliminating the need of a conventional land-based terminal. This delivery system is expected to be operational and in service by 2005. "EP Energy Bridge(TM) gives El Paso the ability to serve existing baseload and peaking demand markets, as well as reach new markets where pipelines or traditional LNG terminals are cost prohibitive," said Ralph Eads III, president of El Paso Merchant Energy Group. "This delivery method continues our LNG strategy to bring competitively priced natural gas to growing North American markets and other regions worldwide. We are confident this technology will allow us to offer more flexibility to our customers while maintaining dependable service to meet the increased demand for natural gas." The EP Energy Bridge(TM) ships can regasify and deliver up to 400 million cubic feet of natural gas per day. An EP Energy Bridge(TM) ship connects to pipeline infrastructure through an offshore buoy and turret system that has been used worldwide, including approximately 10 years of service in the harsh weather environment of the North Sea. As the LNG ship arrives at the unloading site, the buoy is pulled into a receiving cone and connected to the ship. The LNG is then regasified aboard the ship and the vaporized LNG is discharged through the buoy into the subsea pipeline system. For continuous flow of natural gas, a typical EP Energy Bridge(TM) system will have two offloading buoys to ensure uninterrupted delivery. Additionally, the offshore systems will provide a cost-effective solution to serve seasonal or peaking loads, and small to medium-size markets where natural gas delivery has previously been unavailable. El Paso anticipates the initial EP Energy Bridge(TM) sites will be in the Gulf of Mexico and along the U.S. East coast. This new technology continues El Paso Global LNG's plan of becoming a leading worldwide LNG merchant and is complementary to existing assets and development plans. El Paso developed the EP Energy Bridge(TM) design in close cooperation with leading shipbuilders, offshore technology and transportation companies. Daewoo Shipbuilding & Marine Engineering Company, a Korean shipbuilder, will construct the initial EP Energy Bridge(TM) vessels, which will be owned and operated by a consortium lead by Exmar. El Paso has entered into long-term agreements to charter three EP Energy Bridge(TM) ships from the consortium. Delivery of the first ship is expected in the fourth quarter of 2004 and it will be able to serve growing natural gas markets worldwide. Advanced Production and Loading AS is the designer and manufacturer of the buoy system that will be used in the EP Energy Bridge(TM) ships.
Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

SAL Heavy Lift Performs Offshore Windfarm Work

MV Lone proves as project platform for Wikinger wind farm   SAL Heavy Lift informs it has completed the second phase of the Wikinger Pile Testing Campaign with DP II Class vessel MV Lone.

JIT Transit Slots Reduced at Panama Canal

The Panama Canal has experienced an unusual increase in the number of vessels awaiting transit during the past few weeks. Several measures have been implemented to reduce the backlog,

Swiber Gains $405.6 mi Contracts

Business momentum is fast picking up at Swiber Holdings Limited despite the downturn in the oil and gas industry as the Group clinches a total of US$405.6 million for a series of contracts,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction
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: 0.1103 sec (9 req/sec)