ChevronTexaco to build first Offshore LNG Terminal in US
Posted: 17 November 2003
Port Pelican receives approval for deepwater port license
ChevronTexaco Corp. announced that its subsidiary, Port Pelican
LLC, has received approval for a Deepwater Port License from the
Maritime Administration of the Department of Transportation to construct,
own and operate an offshore liquefied natural gas (LNG) receiving
and regasification terminal, to be located approximately 40 miles
off the Louisiana coastline in the Gulf of Mexico.
The development, also known as Port Pelican, will consist of an
LNG ship receiving terminal, LNG storage and regasification facilities,
and pipeline interconnection to existing offshore infrastructure
to deliver natural gas into the United States interstate gas pipeline
network via the Henry Hub.
John Gass, president of ChevronTexaco Global Gas, said, "Port
Pelican is a key element of our LNG strategy and provides a viable
solution to commercialise our large natural gas resources. The achievement
of this milestone, in conjunction with our recent announcement of
a proposed offshore LNG terminal in Baja California, Mexico, is
yet another demonstration of ChevronTexaco's commitment to building
an integrated, global natural gas business."
The proposed offshore LNG terminal will be constructed using a
freestanding concrete Gravity Based Structure (GBS), along with
mechanical regasification facilities capable of handling 1.6 billion
standard cubic feet of gas per day. The company anticipates beginning
construction of the GBS in 2004. Commissioning is projected for
2007, followed by start-up operations.
Richard Lammons, vice president of Port Pelican LLC, said, "This
is a positive example of industry and government working together
to ensure the energy infrastructure is in place to meet the growing
demand for natural gas in North America. Just as we successfully
worked through the regulatory process, led by the US Coast Guard
and Maritime Administration, we look forward to continuing to build
strong relationships with government agencies, the community and
contractors to ensure a successful, safe and environmentally sound
project."
ChevronTexaco recently awarded major contracts for front-end engineering
design and is currently securing LNG supplies through Port Pelican.
Port Pelican will be the first Deepwater Port in the US since the
1976 Louisiana Offshore Oil Port, and will be the first natural
gas deepwater port in the world.
Based in San Ramon, Calif., ChevronTexaco is the second-largest
US-based energy company and the fifth largest in the world, based
on market capitalisation. More than 53,000 ChevronTexaco employees
work in approximately 180 countries around the world, producing
and transporting crude oil and natural gas, and marketing and distributing
fuels and other energy products.
ChevronTexaco is one of the world's largest producers and marketers
of natural gas, producing approximately 4.4 billion cubic feet of
natural gas a day in countries including the United States, Australia,
Angola, Denmark, Nigeria, the United Kingdom, Thailand, Trinidad,
Canada, Colombia, Indonesia, Norway, Kazakhstan, Venezuela and the
Philippines.
For more information see http://www.chevrontexaco.com.
Posted by Richard Price,
Editor Pipeline Magazine
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