ExxonMobil proposes LNG terminal
Posted: 16 January 2004
An Exxon Mobil Corporation affiliate, Vista del Sol LNG Terminal
LP, has announced plans to develop a $600 million Liquefied Natural
Gas (LNG) receiving terminal along the Gulf Coast of Texas.
The proposed project, to be located in San Patricio County about
two miles west of Ingleside, Texas, was announced today at an event
attended by Texas Governor Rick Perry, Consul General of the State
of Qatar Mohamed Al-Hayki, local business and government officials,
and representatives of ExxonMobil.
The terminal, which will process imported LNG for distribution
throughout Texas and the United States, should take about three
years to build and involve employment for some 600 workers during
peak construction. The facility is expected to be operational in
the 2008/09 timeframe, with a processing capacity of 1 billion cubic
feet per day (bcfd) of LNG.
Late last year, ExxonMobil initiated the permitting process for
the Vista del Sol project with the Federal Energy Regulatory Commission
(FERC), an undertaking that involves numerous engineering design,
safety, environmental and other studies that typically lasts about
18 months. Prior to the initiation of the permitting process, the
Port of Corpus Christi Board of Commissioners voted unanimously
to support the project.
In November, the company via an affiliate, Golden Pass LNG Terminal
LP, entered the FERC permitting process at another Texas site, Sabine
Pass, located 10 miles south of Port Arthur.
"Texas and the United States need secure supplies of natural
gas to attract industries, assure development and to continue the
strong economic growth we're experiencing in our state and throughout
the nation," said Governor Rick Perry.
"This project will bring jobs and other economic benefits
to San Patricio County and the greater Corpus Christi area, and
will provide long-term supplies of natural gas for our industries,
power plants and homes. We support ExxonMobil's efforts to bring
another important LNG project to Texas."
Philip Dingle, president of ExxonMobil Gas and Power Marketing
Company, said, "This is another important step in our plans
to develop LNG receiving terminals on the U.S. Gulf Coast. There
is strong growth in natural gas demand projected in the future,
and the import of LNG will be an important component of the supply
mix. We appreciate the continued commitment of Governor Perry, Texas
Railroad Commission Chairman Victor Carrillo, State Senator Judith
Zaffrini, State Representative Gene Seaman, San Patricio County
Judge Simpson, the Port of Corpus Christi Board of Commissioners
and other state, local and civic leaders who are working with us
to bring this LNG project to San Patricio County. This project will
help support economic development in South Texas and the U.S."
For more information see www.exxonmobil.com
Posted by Richard Price,
Editor Pipeline Magazine
Information supplied by companies
or PR agencies who are responsible for content. Send press releases
to info@pipelinedubai.com |
