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First for Ship Delivering Energy Security for Britain

Maritime Activity Reports, Inc.

February 15, 2007

A world first liquid gas shipment on Teesside is helping Britain lead globally in diversifying energy supply, Alistair Darling, Trade and Industry Secretary said today. The Excelerate project with enough power in one 20,000 tonne shipment to fuel 60,000 homes will for the first time turn liquid gas into the gas we use at home on board the boat rather than onshore. Making it quicker to deliver and reducing the impact on the environment.

The delivery means that in the last 6 months the UK has dramatically increased the amount of energy it can import by 140%, diversifying and increasing our security of supply.

The project, led by the US based company Excelerate, is the fastest ever time to market of any LNG facility in the world. The construction work began in the summer, meaning that laying all three pipelines, building the loading arm and refurbishing the jetty has all happened in under a year. Source: Media Newswire

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