Offshore Gas Terminal Developers Must Decide Level of Interruptibility

Monday, January 12, 2004
Developers of offshore LNG and CNG terminals must decide how much investment to ensure continuous service. The options range from no storage with supply interruptions whenever a ship disconnects from the offloading system, to no storage with two offloading systems designed to accommodate at least one vessel at all times, to offshore liquid storage and possibly underground gas storage with pipeline support to ensure gas is always flowing regardless of weather or operational conditions. To investigate the interruptible versus non-interruptible gas-supply dilemma, Zeus Development has organized a workshop January 29 with presentations from Kathleen Eisbrenner, president, Excelerate Energy; William Perkins, president, Crystal Energy; Craig Taylor, president, HNG Storage; Richard Whitworth, manager supply development, El Paso Corporation among others. Questions to be addressed include: What are the implications of selling gas from offshore LNG/CNG terminals as interruptible? What is acceptable non- interruptible service? How are contracts commonly written to provide recourse to buyers of non-interruptible service? The workshop date is January 29, 2004 and will take place at Zeus Development's offices at 2424 Wilcrest Drive, Houston, Texas. The fee to attend is $297 and you may register online at https://www.zeusdevelopment.com/secure/ini/register.asp .

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